Kazakhstan's nuclear resources company Kazatomprom said on Tuesday that Russia's Rosatom was selling its stakes in some uranium deposits which the two groups had been developing together to Chinese-owned companies.

Russian state nuclear corporation Rosatom is selling its stakes in several joint-venture uranium projects with the world’s largest uranium producer, Kazakhstan’s Kazatomprom, to Chinese-controlled companies,

Kazakhstan's state-controlled nuclear resources company said on Tuesday that Russia's state Rosatom corporation was selling its stakes in vast uranium deposits that it had been developing with the world's largest uranium producer.

The world's largest uranium producer, Kazakhstan's state-owned company Kazatomprom, has announced the withdrawal of Uranium One Group from joint ventures in the country. Uranium One Group is part of the Russian state corporation Rosatom,

Russia's nuclear giant Rosatom is selling stakes in its uranium mining operations in Kazakhstan to Chinese companies, the main Kazakh uranium company said Tuesday, underscoring Beijing's growing influence in Central Asia.