Mongolia to Take Areva Uranium Stake to Help Revive Investment
Mongolia will take a stake in a domestic uranium venture led by France’s Areva SA (AREVA) and support its development, signaling the nation’s willingness to revive foreign investment, said Prime Minister Norovyn Altankhuyag.
“Through this we see that foreign investors are continuing to invest in Mongolia,” Altankhuyag said in an interview in Tokyo on Sept. 14, at the end of a four-day visit.
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