Russian-Kazakh uranium joint venture starts

11 January 2007

[Itar-Tass, 7 December] The Zarechnoye joint venture between Russia and Kazakhstan produced its first tonne of uranium on 7 December. Techsnabexport (Tenex) and KazAtomProm each hold 49.33% in the Zarechnoye joint venture in Kazakhstan, while Atomredmetzoloto of Russia and the Kara Balta Mining Combine of Kyrgyzstan each hold 0.67%. The projected capacity of the Zarechnoye joint venture is 1000 tU per year, which is expected to be reached in 2009.

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