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Mitsui, Tenex Complete Survey of Aldan Mine District.


Tokyo, Japan, Oct 6, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
) - Mitsui & Co., Ltd. (Mitsui) and Russia-based Techsnabexport (Tenex) today announced their completion of a joint survey in the Yuzhnaya mine area in Aldan, a previously unexcavated area in Russia. Mitsui signed a contract for exclusive negotiation rights pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to the project on October 5.

Mitsui will invest 690 million yen in the survey, while Tenex will handle its technological aspects. Under the agreement, Mitsui will obtain a 25% share in Tenex.

The Yuzhnaya district is expected to garner 250,000 tons of uranium uranium (yrā`nēəm), radioactive metallic chemical element; symbol U; at. no. 92; at. wt. 238.0289; m.p. 1,132°C;; b.p. 3,818°C;; sp. gr. 19. . Mitsui, which plans to begin uranium production and marketing, will become the first foreign company to operate in the field. In today's announcement the Company expressed its intention to produce environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  uranium that will not produce Co2 when converted into nuclear electric power.

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Publication:JCNN News Summaries
Date:Oct 6, 2006
Words:143
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