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South Korea to swap stake in KEPCO unit with Kazakh mine

Business Materials 9 August 2011 11:00 (UTC +04:00)
South Korea is considering swapping a stake in the industrial plant unit of the state-run Korea Electric Power Corp. (KEPCO) for a share in a uranium mine in Kazakhstan, the commerce ministry here said Tuesday
South Korea to swap stake in KEPCO unit with Kazakh mine

South Korea is considering swapping a stake in the industrial plant unit of the state-run Korea Electric Power Corp. (KEPCO) for a share in a uranium mine in Kazakhstan, the commerce ministry here said Tuesday, Yonhap reported.

According to the Ministry of Knowledge Economy, Seoul has a plan to give a 5 percent stake in KEPCO Plant Service & Engineering Co. (KPS) to Kazakhstan in return for a 15 percent interest in an undetermined uranium mine in the Central Asian country.

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