Mongolian – Russian Governments agreed upon establishing a new JVC “Dornod Uranium”. “Mon-Atom” state owned company is in charge of its investment and funding arrangement. Former MP Mr. Badamdamdin, CEO of “Mon – Atom” shares his information on its operation.
Q: When will “Dornod Uranium” start its uranium mining?
R.Badamdamdin: No deal is currently negotiated. Russian side is silent at the moment and hasn’t made any request to us. Therefore, uranium mining might kick off next year.
Q: Mr. S.Mironov urges its establishment. Will SGK discuss this issue?
R.Badamdamdin: The issue shall be discussed by SGK, because the issue is strategically important and it has parallel importance.