Rosatom to produce rare -earth metals in JV with Kazatomprom

The joint investment of the Russian Atomredmetzoloto (ARMZ, uranium producing holding in the structure of Rosatom) and the Kazakh State company Kazatomprom into the production of rare-earth metals might amount to $500 mln, Kazatomprom’s head V. Shkolnik told Bloomberg. The investment is planned in the framework of a JV on the rare-earth metals formed by the partners. The memorandum was signed during the Rosatom’s head, S. Read more »

Kazakhstan and Russia agreed on cooperation in rare-earth metals production

The Kazakhstan National Nuclear Company “Kazatomprom” and the Russian largest coal producing company “Atomredmetzoloto” signed a memorandum of intentions concerning cooperation in rare-earth metals production, a correspondent of the agency reports. Read more »

Russia is ready to raise LNG supply to Japan

Russia is ready to raise its hydrocarbon raw material supply to Japan, in particular, LNG in connection with the problems with nuclear generation in Japan. The Prime Minister, V. Putin said at the working meeting on March 12th with the representatives of the Government, I. Sechin, the head of Rosatom, S. Kirienko and the first deputy director of the Ministry of Emergency Situations, R. Tsalikov, the press service of the Government of Russia told a correspondent of IA Regnum.
Our notification systems have worked out effectively, on-time, Mr. Putin said. Read more »

Y. Lipatov: South and Nord Streams to provide energy security to EU

The South and Nord Streams will provide for the energy security of Europe. They are the basis of the energy supply to EU in the conditions of the growth in demand for hydrocarbons and the limits of own resources. According to the European specialists, the demand in gas in EU by 2025 will grow by 195 billion cubic meters and will equal to about 510 billion cubic meters a year. To meet such demands in EU all the existing and being constructed gas transport systems will be in use, the representative of the committee of the State Duma on energy, Y. Read more »

Atomredmetzoloto to purchase a uranium company for $1.2 billion

Atomredmetzoloto belonging to Rosatom is to purchase a second large foreign uranium company. After obtaining 51% in the Canadian Uranium One, ARMZ wants to obtain 100% in the Australian Mantra Resources for $1.2 billion. And belonging to it is the Mantra deposit Mkuzhu River in Tanzania and a number of other foreign assets that ARMZ is interested in, it will need extra investment. Read more »

Rosatom Claims Ready to Provide Fuel for Bulgaria's Belene NPP

Russian state nuclear energy company Rosatom has announced it was ready to provide nuclear fuel for Bulgaria's Belene nuclear power plant for the whole period of its exploitation, which is 60 years. The Rosatom CEO, Sergey Kiriyenko, participated in the conference "Energy without frontiers," organized in Sofia on Tuesday. Read more »

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