• Most Popular
  • Most Shared

Japan firms, Kazatomprom tie on nuclear fuel-paper

Tue Dec 25, 2007 6:56pm EST

Stocks

   

TOKYO, Dec 26 (Reuters) - Japanese utility Kansai Electric Power Co (9503.T) and trading house Sumitomo Corp (8053.T) will join with state-owned Kazakh nuclear firm Kazatomprom to process uranium into nuclear fuel, the Nikkei business daily said on Wednesday.

The two Japanese companies, which are seeking to secure a stable supply of nuclear fuel, will sign an agreement with Kazatomprom in Kazakhstan on Wednesday, it said.

Kazakhstan is home to a fifth of global uranium reserves and wants to become the world's top producer by 2010, surpassing Australia and China. (Reporting by Edwina Gibbs; Editing by Mike Miller)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets