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India to receive last shipment of uranium from Kazakhstan this month

Last update: 13/12/2019
NEW DELHI, Dec 13 -- India will receive its last shipment of uranium from Kazakhstan by the end of 2019 under a 2015 contract for 5,000 tonnes of uranium ore concentrate (UOC), the government told parliament.

Kazakhstan, the world's largest producer of uranium, was to supply the agreed volume of UOC to India between 2015 and 2019 in a deal worth about US$450 million.

As per the contract, the balance quantity of 1,500 tonnes is scheduled to reach India in December 2019, the Department of Atomic Energy said on Thursday.

India, which operates many atomic power plants and is building a number of reactors, has over the years procured uranium from various countries, including Canada, Argentina, Namibia and Russia.

It signed an agreement in January this year with Uzbekistan to purchase 1,100 tonnes of UOC.

The supplies from Uzbekistan will start from 2022.

-- BERNAMA



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