NGMK to supply uranium ore concentrate to India

Tashkent, Uzbekistan (UzDaily.uz) -- Navoi Mining and Metallurgy Combine (NGMK) will supply 2,000 tonnes of uranium ore concentrate to India in 2014-2018, The Indian Express reported.

The report said that NGMK has signed up to supply 2,000 metric tonnes of Uranium ore concentrate to India over the next four years.

Firm from Uzbekistan is a first-time entrant in the Indian atomic fuel market and joins a list of suppliers from France, Russia and Kazakhstan.

Diversification of the uranium suppliers’ list is part of India’s strategy to counterbalance the fuel risk for the country’s nuclear reactors that are eligible to use imported uranium, the report said.