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Economy

CGN signs nuclear deal with Kazakhstan's Kazatomprom

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2015-12-15 16:07CRIENGLISH.com Editor: Feng Shuang

China General Nuclear Power Corporation has inked a deal with Kazakhstan's Kazatomprom to build a nuclear fuel assembly plant and mine uranium deposits in the central Asian country.

The largest nuclear power supplier here in China says the main business terms and construction schedules have been agreed upon with Kazatomprom.

No further details have been revealed at this point.

Cooperation between the two firms on uranium development and nuclear fuel fabrication was initiated in 2006.

They also have a uranium mining joint venture.

CGN has imported nuclear fuel pellets and uranium from Kazatomprom in recent years.

  

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