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Russia, Armenia To Sign Agreement Tue To Set Up Uranium JV

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  • Russia, Armenia To Sign Agreement Tue To Set Up Uranium JV

    RUSSIA, ARMENIA TO SIGN AGREEMENT TUE TO SET UP URANIUM JV

    Prime-Tass English-language Business Newswire
    April 21, 2008 Monday 7:41 PM EET

    MOSCOW, April 21 (Prime-Tass) -- Russia and Armenia will sign an
    agreement on Tuesday to set up a joint venture to explore and mine
    uranium, Russian state corporation Rosatom said Monday.

    The agreement will be signed by Russia's Atomredmetzoloto CEO Vadim
    Zhivov and Armenian Environmental Protection Minister Aram Harutyunyan
    in the Armenian capital of Yerevan.

    Atomredmetzoloto is wholly owned by nuclear power holding
    Atromenergoprom, which is part of Rosatom.

    In February, Russia and Armenia signed a memorandum to set up a joint
    venture to explore, develop and process uranium in Armenia.
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