Nuclear weapon: Japan buys $1bn worth of uranium

NEWS DIGEST – A presidential decree on Wednesday revealed that Uzbekistan will supply Japan with uranium worth more than 1 billion U.S. dollars between 2023 and 2030.

The document approved a roadmap to fulfill the agreements inked during Uzbek President Shavkat Mirziyoyev’s visit to Japan in December in 2019.

The contracts on the supply of uranium by Uzbekistan’s Navoi Mining and Metallurgical Combine were signed with Japanese trading houses Itochu for 636.4 million dollars.

Also with Marubeni for 510.1 million dollars to cover a time span between 2023 and 2030.

Uzbekistan, the world’s seventh largest uranium producer, signed a seven-year uranium supply contract with the U.S. for 300 million dollars in 2017, and later in 2019 a similar long-term contract was signed with India.