Friday, October 15, 2010

Ukraine joins International Uranium Enrichment Center in Russia


MOSCOW, Oct. 8 (Xinhua) -- Ukrainian state-owned company Nuclear Fuel has acquired 10 percent of the shares of the International Uranium Enrichment Center, the Itar-Tass news agency reported on Friday.

The center, controlled by the International Atomic Energy Agency and located in Russia's southern Siberian city of Angarsk near Baikal, has been participating since 2007 in an IAEA project designed to provide countries in possession of nuclear energy facilities with access to uranium enrichment technology.Ukraine has thus become the third country in the project after Russia and Kazakhstan. Until today, Russia possessed 90 percent of the center's shares and Kazakhstan 10 percent. Russia's share fell to 80 percent as a result of the latest deal.

In addition, Russia's federal nuclear agency Rosatom plans to sell 50 percent of the center's stake package minus one share to the new participants in the project. source: news.xinhuanet.com

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