Toshiba negotiating to buy nuclear fuel rods from Kazakhstan
ALMATY. April 27. KAZINFORM Toshiba Corp., Japan’s largest supplier of reactors, is in talks to buy nuclear-fuel rod assemblies from Kazakhstan after opening a new uranium mine in the central Asian nation, Kazinform refers to Bloomberg. Toshiba President Atsutoshi Nishida, speaking in Almaty, the country’s financial center, declined to say when an agreement may be signed or how much it may be worth. Kazakhstan’s state-owned Kazatomprom, Canadian miner Uranium One Inc., Toshiba and a group of Japanese companies led by Tokyo Electric Power Co. yesterday opened a mine in southern Kazakhstan as the country seeks to supply about a third of Japanese uranium demand by 2014. The partners have invested $490 million in the TOO Kyzylkum joint venture, which aims to produce 3,000 metric tons of uranium from the mine in 2014, Kazinform cites Bloomberg. To contact the reporter on this story: Nariman Gizitdinov in Almaty, through the Moscow newsroom at firstname.lastname@example.org. See www.bloomberg.com for full version.