Marubeni eyes development of Mongolia uranium mines | Reuters - 0 views
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Energy Net on 29 Dec 08Marubeni Corp, Japan's fifth-biggest trading company, has obtained first rights to conduct feasibility studies in Mongolian uranium mines, a company spokesman said on Tuesday. The move by Marubeni, set to become the first Japanese firm to acquire stakes in uranium mines in Mongolia, comes at a time when demand for the nuclear fuel is expected to rise as China goes through a nuclear building spree to boost clean energy use.