Kazakhstan and France sign Deal on nuclear fuel plant.

By bne IntelliNews November 8, 2011
Kazakhstan and France sign Deal on nuclear fuel plant. Kazatomprom and Areva signed a deal on construction of a nuclear fuel plant. The deal will help Kazakhstan to become a top global producer of uranium. The construction of the plant will start as soon as the feasibility study is completed in Q1/12. The plant will consist of a new production line at Ulba metallurgical plant that will be owned by Kazatomprom (51%) and Areva (49%).
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