The government of Mongolia will make a decision soon on establishing a joint venture with Russia to develop a Mongolian uranium deposit, reports the RIA Novosti news service Tuesday, citing the head of the Russian civilian nuclear-power corporation, Rosatom.

Russia signed an intergovernmental deal on the uranium joint venture early in 2009 but the project stalled due to a change of government in Mongolia .

"Already after the election, we signed an agreement with the new government, and in January signed a specific protocol. The government of Mongolia has made a decision on the Dornod uranium deposit. This deposit is in the ownership of the government of Mongolia ," Sergei Kiriyenko is quoted as saying, adding that a final decision on contributing the deposit to the joint venture would be made soon.
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