10:55 28.01.2016

NAB suspects managers of Skhidny Mining of causing $20 mln worth of damage during purchase of uranium concentrate

1 min read
NAB suspects managers of Skhidny Mining of causing $20 mln worth of damage during purchase of uranium concentrate

The National Anti-Corruption Bureau of Ukraine (NAB) suspects officials of Skhidny Mining (Zhovti Vody, Dnipropetrovsk region) of causing $20 million worth of damage during purchase of uranium concentrate in 2014-2015.

The information is outlined in the materials published in the state register of court rulings.

"Acting willfully, the officials of Skhidny Mining, knowing for sure that STEUERMANN Investitions- und Handelsgesellschaft mbH carries out only mediation business… signed the contract with the company and additional contracts on supply of uranium concentrate at the prices that are considerably higher than the prices of direct producers," the materials say.

According to the NAB, Skhidny Mining signed the contract with STEUERMANN, although actually the producer - Stepnogorsk Mining and Chemical Complex (Kazakhstan) – supplied the products.

As reported, annual needs of Ukrainian nuclear power plants (NPPs) in uranium is 2,400 tonnes, while production at Skhidny Mining today does not exceed 1,000 tonnes a year.

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