TVEL gets state share in Malyshevsk Mining

30 July 2001


JSC TVEL will get a 51% controlling share package in Malyshevsk Mining Combine. JSC TVEL is planning to restructure the combine’s debts. For many years Malyshevsk Mining Utility mined uranium in the Kurgan region by underground leaching. It was reported earlier that Aleksandr Nyago, who heads Russia’s Telekominvest holding, may take charge of TVEL. The TVEL concern, which has an annual turnover of about $1 billion, is engaged in nuclear fuel extraction, processing and marketing, as well as maintenance and repairs of complexes working with nuclear materials.



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.