Business news from Ukraine

CHINA NUCLEAR CORPORATION, NUCLEAR FUEL DISCUSS $600 MLN INVESTMENT IN URANIUM PRODUCTION IN UKRAINE – OFFICIAL

31 May , 2016  

KYIV. May 31 (Interfax-Ukraine) – China Nuclear Energy Industry Corporation and Ukrainian concern Nuclear Fuel are discussing $600 million investment in uranium mining in Kirovohrad region, Head of Sumy Regional State Administration Mykola Klochko has said following his visit to China.

“Nuclear Fuel cooperates with China Nuclear Energy Industry Corporation in attracting investment in the amount of about $600 million for joint uranium production in Kirovohrad region,” the press service of Sumy Regional State Administration said.

As reported, in July 2015 Nuclear Fuel and China Nuclear Energy Industry Corporation (CNEIC) signed a memorandum on cooperation in the field of a nuclear fuel cycle.