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Strategies & Market Trends : Aardvark Adventures
DAVE 196.88+1.2%3:59 PM EST

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From: ~digs9/1/2006 9:47:49 PM
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Monday, August 28 -- ALMATY, Kazakhstan -- Kazakhstan aims to dramatically increase uranium exports to Japan in the coming years, providing up to a quarter of the country's needs, a senior official of the national atomic energy company said Monday. Resource-poor Japan is active in nuclear power generation, and the country is keen to secure uranium deals with the ex-Soviet republic amid growing competition for its huge uranium resources, the world's second largest after Australia. KazAtomProm's annual uranium supplies to Japan may reach 2,000 metric tons, or 2,200 U.S. tons, within a few years, the company's vice president Malkhaz Tsotsoria said. He said that is 25 percent of Japanese demand. KazAtomProm, the world's third-largest uranium producer, currently supplies Japan with enough uranium to meet a small fraction of its demand... washingtonpost.com
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