nuclear-news

Tuesday, February 19, 2013 –

Japan Atomic Power Co. signed on Monday an agreement with a Kazakh nuclear research facility to develop nuclear plants in the Central Asian state.

The Japanese firm reached the agreement with the National Nuclear Center, a research facility under state-operated nuclear firm Kazatomprom, Kaznex Invest reported Monday.

Kazakhstan, the world’s top exporter of nuclear fuel uranium, had been negotiating with Russian nuclear firm Rosatom to build Kazakhstan’s first nuclear plant.

As late as June 2012, Rosatom chief Sergei Kiriyenko said that the Russian nuclear agency was still waiting on Kazakhstan to choose a site for the nuclear site.

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According to the new agreement signed with Japan, the two countries will work together to build and launch nuclear plants and train personnel.

Japan also signed an agreement to enter a joint project to develop the Kokten-Kol deposit for tungsten and molybdenum.

“Talks on an investment accord between Japan and Kazakhstan saw a substantive agreement,” the Japanese foreign ministry said in a statement on Monday.

“Kazakhstan has abundant reserves of rare metals, rare earths, oil and natural gas, and Japanese companies have shown strong interest in advancing into the country.”

Earlier this month, Japanese automobile firm Toyota announced it would launch a factory to produce SUVs in northern Kazakhstan.

http://www.universalnewswires.com/centralasia/economy/Japan-Kazakhstan-to-work-on-building-nuclear-plants/viewstory.aspx?id=13660