Confirming the cancellation of Khan Resources Inc.’s permit to exploit the Dornod resource, T. Bayarbayasgalan, nuclear materials chief at Mongolia’s Nuclear Energy Agency, has told Bloomberg in an e-mailed response to questions that Mongolia will develop its biggest untapped uranium field in a venture with Russia. State-owned MonAtom will hold at least 51 percent in a venture with Russia’s government-run ARMZ Uranium Holding and possible partners from Japan or China. The uranium venture, called Dornod Uranium, will be registered in Mongolia “in the very near future”, he said.