RUSSIA - CHINA NUCLEAR INVESTMENT
WNN - Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom.
The three parties to the agreement will work on a uranium mining project, valued at RUB18.5 billion (USD325 million), in Priargunsky District, which is…
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