December 25, 2007 - 14:47 AMT
Armenia can launch uranium output within 2-5 years
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.