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Uranium One Inc SXRZF



GREY:SXRZF - Post by User

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Post by royalflush5on Mar 24, 2011 3:37pm
498 Views
Post# 18336379

Nuclear keeps going

Nuclear keeps going

11:24 24/03/2011

Russia and the United States have started talks on setting up a jointventure to enrich uranium, the head of the Russian state nuclearcorporation Rosatom said on Thursday.

The uranium enrichment facility will be built on U.S. territory with Russian technology.

"Building such a facility... is a long way away, which cannot becovered in one day, but today we started moving in that direction,"Rosatom chief Sergei Kiriyenko said.

He said the deal was a "landmark" development in the context of therecent accident at Japan's Fukushima nuclear power plant, hit by blastsand fires after a 9.0-magnitude earthquake.

"When two states, leaders of the global nuclear market, sign along-term deal in such a situation - this gives a certain answer aboutthe future development of the global nuclear energy sector," he said.

During Kiriyenko's visit, Russian state-controlled nuclear equipmentexporter Techsnabexport (Tenex), fully owned by Rosatom, signed a $2.8billion ten-year deal with USEC to supply low-enriched uranium. Underthe deal, Russia will supply USEC with 21 million separate work units(SWU) over a period of ten years starting from 2013.

WASHINGTON, March 24 (RIA Novosti)

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