1 May 2004 - 10:00
  • News ID: 20307
Kazakhstan, France To Develop Uranium Deposit

Astana - Kazakhstans company Kazakhatom and Frances AREVA signed in Paris on Thursday an accord on beginning the industrial use of the uranium deposit Moinykum in the Central Asian republic.

The Kazakh-French joint venture KATKO, which was set up in 1996, will implement the project, the press service of Kazakhstans Foreign Ministry told Itar-Tass on Friday. The accord envisages 90-million dollar investment in industrial uranium extraction at the deposit that is located in the Suzyk district, southern Kazakhstan. PIN//ITAR_ TASS
News ID 20307

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