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.
Trading house to take stake in project by state miner and France's Orano
Barrels of uranium oxide are stored in Kazakhstan. Global demand for uranium is expected to rise as countries shift toward nuclear power. © Reuters
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.