Kazakh-French company plans to increase uranium production in Kazakhstan.

By bne IntelliNews October 19, 2011
KATCO, the joint venture between Kazakhstan and France, is expected to increase uranium production up to 4,000 tonnes starting from 2012, the company-shareholder Areva Luke Urselb stated. The information was revealed during a visit to the largest uranium mine in Kazakhstan Tortkuduk, which is developed by KATCO. Established in 1996, KATCO LLP is a Kazakh-French joint venture between French company Areva (51%) and the National Atomic Company Kazatomprom (49%). It is one of the top mining uranium companies in the world with an annual output equaled over 3,300 tonnes of uranium.

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