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KIEV, October 5 (Itar-Tass) —— Russia has begun sharing technologies in the framework of the project to construct in Ukraine a plant to produce nuclear fuel, press service of Russia’s fuel company, TVEL, reports on Wednesday.
The report says that cooperation of the two countries in nuclear energy was on the agenda of the seminar-meeting Development of Nuclear Energy – Factor of Sustainability of Inter-State Cooperation, which continues its work in Sevastopol /Ukraine/.
TVEL’s Deputy CEO Vasily Konstantinov said that “the sides follow an approved schedule” in implementation of the project. “Both Russian and Ukrainian officials of highest rank work closely, and we feel clear political support of both sides,” he said. “The very production /of nuclear fuel in Ukraine/ will go operational in three years following the approval of the feasibility study /of the plant’s construction/.”
The feasibility study is 90 percent ready now and “only minor technical issues remain,” he said.
The press service explains that early evaluations show the cost of the plant will make 300-350 million dollars.
Presently, Ukraine’s Nuclear Fuel Concern /Kiev/ and Russia’s TVEL finalize registration of a joint venture – a nuclear fuel plant.
The TVEL Company combines production and research assets in nuclear fuel fabrication, separation-sublimation complex, as well as manufacture of gas centrifuges and equipment for them. In addition to the main product – nuclear fuel – the company supplies Russian and world markets with non-nuclear products: zirconium, lithium, calcium, magnets, thin-walled tubes, polishing powders, wire addition system, zeolite catalysts and other materials.