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Iran, under global sanctions for its nuclear enrichment programme, on Tuesday launched a new uranium production facility and began operations in two extraction mines.

World powers were offering Iran a softening of sanctions in exchange for concessions over its controversial nuclear program.

North Korea has vowed to carry out a third nuclear test, but scientists and concerned foreign governments may have a tough time verifying the actions of the reclusive state.

According to the KazAtomProm’s Press Service, Kazakhstan retains its title of the uranium production leader as it supplies about 37% of uranium to global markets.

KazAtomProm is Kazakhstan's major exporter of uranium and its compounds, rare metals, nuclear fuel for nuclear power stations, special equipment, technologies and dual-usage materials.

Iran averted a showdown over its nuclear programme by putting a third of its medium-enriched uranium to civilian use, but the respite may be short-lived, Israeli Defence Minister Ehud Barak said Tuesday.

Regional risks of degradation and destruction of uranium tailing dumps are high and many of the dumps in Kyrgyzstan are located very close to water resources.

Iran could produce enough weapons-grade uranium to make an atomic bomb within two to four months and then would need an additional eight to 10 months to build the device.

BHP Billiton on Monday said it was selling one of Australia's largest underdeveloped uranium mines to Cameco for US$430 million, just days after delaying its Olympic Dam copper and uranium project.

According to KazAtomProm Head Vladimir Shkolnik, the fact of hosting the facility amounts to global recognition of Kazakhstan’s industry specialists and scientists’ qualification.

According to him, “Everything we do is targeted at maintaining parity with Russia within joint agreements”.

Mr. Vladimir Shkolnik emphasized that the international control system makes sure exported uranium is used for peaceful purposes only.

We hope to raise the Company’s uranium reserves by at least 250 000 tons by 2020: KazAtomProm Head.

KazAtomProm is Kazakhstan's major exporter of uranium and its compounds, rare metals, nuclear fuel for nuclear power stations, special equipment, technologies and dual-usage materials.

The US on Friday announced charges against an Iranian citizen and Chinese resident for allegedly trying to export nuclear-related material to help Tehran enrich uranium.

The late North Korean leader Kim Jong-Il ordered his scientists to produce "a massive amount" of uranium bombs, according to internal regime documents, reports in Japan said Monday.

In January – March the Company produced a total of 2 600 tons of uranium, 4% up against the Q1 2011.

Relying on the infrastructure of the Uralsk Electrochemical Works, Russia and Kazakhstan have been working together to launch a joint uranium enrichment facility.

Kazakhstan manufacturers have asked Kazakhstan Temir Zholy (national railroad company) to speed up uranium deliveries to China.

Relying on the infrastructure of the Uralsk Electrochemical Works, Russia and Kazakhstan have been working together to launch a joint uranium enrichment facility.
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