TOKYO -- Japanese trading house Itochu will invest in a uranium mining project in Uzbekistan, expecting higher demand for the fuel as more countries turn to nuclear power to cut carbon emissions.
Itochu has agreed to take a minority stake in Nurlikum Mining, a joint venture now with 51% ownership held by French nuclear fuel company Orano and 49% by Uzbek state-run miner Navoiyuran, Orano said Thursday.
