Kazatomprom and TVEL OJSC signed memorandum on creation of JV for development of uranium fields in RK
/Kazakhstan today, July 16, 02/ - NAC Kazatomprom and TVEL OJSC of the
Ministry of atomic industry of Russia, as a result of the international
conference "Topical problems of uranium industry", held in Almaty, signed a
memorandum on cooperation, which implies a creation of joint venture for
development of uranium fields on the territory of Kazakhstan. NAC Kazatomprom
informed it to Kz-Today.
According to memorandum, to September 2002 NAC Kazatomprom has to
provide TVEL Company a set of documents for choosing a field for potential
development. The program of the field joint analysis and developing will be
created to the 1st of November. To January 1, 2003 the sides have to make a
decision on JV creation of TVEL and Kazatomprom.
The aim of the present memorandum is a realization of intergovernmental
agreement between RF and RK on integration of organizations of nuclear fuel
cycle of two countries.
Also, according to the memorandum, specialists of two companies will consider
topics of radioactive waste treatment in Kazakhstan and legal provision of the
mentioned activity, including the activity on treatment of low- and high-active
waste and nuclear fuel waste.