Japan to Sign Supply Deal with Uzbekistan

Business New Europe reported that Japan Oil, Gas and Metals National Corporation plans to sign an agreement on the launch of a uranium mining project in Uzbekistan to secure supply for nuclear power.

As quoted in the market report:

A delegation of Japanese officials led by Deputy Trade Minister Yukari Sato, and including JOGMEC representatives, arrived in Uzbekistan on July 7. During the visit, the company is expected to sign an agreement with the Uzbek State Committee on Geology and Mineral Resources to launch a joint exploration project with state-owned Navoi Mining and Metallurgical Combinat (NMMC).

To view the whole Business New Europe report, click here.