Sunday, October 12, 2008

NPCIL to order 2,000 tn uranium by yr-end

NPCIL to order 2,000 tn uranium by yr-end:
"NPCIL has approached companies in Canada, Kazakhstan, Africa and members of the Russian Federation for long-term supply contracts, he said. The company is also examining possible joint ventures in mining and buying stakes in uranium mines that haven’t been developed because of lack of funds."
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This will be one way in which the cost of the entire ore-to-power cycle will be reduced.

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