September 30, 2008

Russian Uranium Miner Armz, S. Korean Consortium Sign Memorandum

MOSCOW. Sept 30 (Interfax) - Atomredmetzoloto (ARMZ), the state holding company for Russia's uranium mining assets, and a consortium of South Korean companies Monday signed a memorandum on cooperation in the development of new uranium exploration and mining projects and the sale of uranium in Russia and abroad, the state Rosatom corporation said on its website.

The consortium includes KEPCO, Korean Resources Corporation and LG International Corp.

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