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Japanese delegation to discuss Mongolian uranium in Ulaanbaatar PDF Print E-mail
Wednesday, 08 October 2008

A 50-member Japanese delegation arrives in Mongolia on October 8 to discuss jointly developing Mongolian uranium resources. 

Japan is the third largest consumer of uranium in the world. 

Hiroyuki Ishige, Japanese vice minister for trade, will lead the group for talks in Ulaanbaatar. Japan is particularly concerned about world uranium supplies due to the increased use of nuclear power by China and India. 

``The development of new uranium mines is vital as concerns are growing that production at several existing mines may start rapidly declining from 2020 onward,'' Yuji Tanoue, head of Trade Tech in Tokyo, a nuclear-fuel consulting firm, told Bloomberg news. 

Mongolia currently has 62,000 tons of uranium reserves, or one percent of the world's total. Speculation holds that Mongolia may have an additional 1.39 million tons of untapped uranium, which would make Mongolia the world's largest source of uranium.

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Akira KAMIMURA, lecturer, faculty of Mongolian studies, Tokyo University of Foreign Studies launched an innovative website on old Mongolian manuscripts maps in cooperation with the state archive of Mongolia. It contains 16 precious maps which are stored at the state archive for academic use. The oldest map was estimated being made in 1803-1805.