Kazakhstan is to increase production of uranium by 30% year-on-year, according to the deputy prime minister and energy minister Vladimir Shkolnik.

Shkolnik also said that in 2001 Kazakhstan will invest about R3.5 billion ($24.3 million) in developing the uranium industry, particularly in the Ulba Metallurgy Plant which is part of Kazatomprom.

According to a development programme for the Kazakh uranium industry, production is planned to continuously increase until 2005.
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