Armenia Can Launch Uranium Output Within 2-5 Years

ARMENIA CAN LAUNCH URANIUM OUTPUT WITHIN 2-5 YEARS

PanARMENIAN.Net
25.12.2007 14:47 GMT+04:00

/PanARMENIAN.Net/ Armenia can launch uranium output within 2-5 years,
said RA Energy Minister Armen Movsisyan.

At the best, Armenian and Russian experts will accomplish the essential
research during a year.

Preparations for the output may take from 1 to 5 years, according to
him. "Uranium enrichment in Armenia is expedient from the economic
standpoint, since there are no major commercial pools in the republic,"
the Minister said, Rosatom.ru reports.

Last month Armenia decided to join the Russia-Kazakhstan agreement on
establishment of an international center for enrichment of uranium in
Angarsk (Irkutsk region of Russia). Presently, the terms of geological
prospecting are being determined.

According to preliminary data, uranium resources in Armenia total
no less than 30 thousand tons. Rosatom specialists suppose that the
figure can double.