Rosatom General Director Sergei Kiryenko's statement followed his meeting with Mongolian Prime Minister Sanjaa Bayar, who arrived in Moscow on Thursday on a three-day visit.
"During the meeting, the Mongolian prime minister confirmed his country's willingness to start elaborating a project to build a small or midsize nuclear power plant. We are prepared to join this work," Kiriyenko said.
The Russian nuclear power chief said Rosatom would sign on Friday a joint action plan for nuclear energy cooperation, which could envisage investing jointly in uranium production, handling supplementary exploration of Mongolian uranium deposits and building small or medium-sized nuclear power plants in the country.
"We will sign a joint action plan that envisages comprehensive work. In particular, it will be necessary to conduct additional prospecting of Mongolia's uranium deposits," Kiriyenko said.
According to Mongolian estimates, uranium reserves in the country amount to 60,000 metric tons. However, Russian experts have assessed Mongolia's uranium reserves at 120,000-150,000 tons.
