0
ALMATY, Dec 7: A Russian-Kazakh mining company said on Thursday it aimed to dominate the world uranium market after producing its first ton of the radioactive metal.
The new Zarechnoye company is to mine 1,000 tons of uranium per year from 2009 as part of a target by Kazakhstan, which boasts 20 per cent of the world's uranium reserves, to overtake Australia and Canada to become the largest uranium producer.
“It’s not that we aim to reinforce, with our Kazakh partners, our position in the market. We aim to dominate the market,” said Sergei Kirienko, head of Russia's atomic energy agency. —AFP
