Reclamation of the uranium site in Min-Kush (Naryn region) will be completed in autumn. This was announced at a meeting of the Minister of Emergency Situations of Kyrgyzstan Boobek Azhikeev with the Deputy Director General of Rosatom State Corporation Nikolai Spassky. According to the press service of the Ministry of Emergency Situations, the main topic…
Kazakh President Kassym-Jomart Tokayev held a meeting with Chairman of Kazatomprom Meirzhan Yussupov, during which the company’s new development strategy for 2025-2034 was presented. During the meeting, President Tokayev was briefed about Kazatomprom’s operating outcomes for 2024 as well as its short- and medium-term objectives and plans. Kazatomprom’s uranium production stood at more than 23,000…
During the official visit of President of the Republic of Kazakhstan Kassym-Jomart Tokayev to Jordan, Kazatomprom and Jordan Uranium Mining Company (JUMCO) signed a memorandum of understanding and cooperation “Partnership with JUMCO opens new avenues for international cooperation and strengthens Kazakhstan’s position in the global uranium industry, supporting our strategic goals to expand and efficiently…
In 2024 Kazatomprom produced 23.27 thousand tons of uranium, up by 10% YoY. Sales decreased by 8%, to 16.67 thousand tons. Average price of Kazatomprom’s uranium grew by 27%, to $69.72 per pound. This year Kazatomprom intends to produce 25-26 thousand tons of uranium. (Ukrainian metal)
Since January 1 Kazatomprom has suspended joint mining of uranium with Cameco at the Inkay deposit. According to Kazatomprom, the joint venture Inkay has not been allowed to mine uranium because of the delay with submission of the necessary documents. The company expects the joint venture to present the documents to the Ministry of Energy…
A treasure trove of uranium has been unearthed thanks to the Navoiuran state enterprise’s geological expedition in various parts of Uzbekistan. The deposits were found in the nation’s Shafirkon district of Bukhara region, Farish district of Jizzakh region, Kyzyltepa and Khatyrchi districts of Navoi region, Mubarek and Kasan districts of Kashkadarya region, the city of…
Despite the decline since February, Financial giant Citi maintains an optimistic outlook for the uranium market, expecting prices for the resource to rise significantly. The company estimates that the price of uranium will reach $98/lb until the end of 2024, and could increase to $110/lb in 2025. This is forecast against the backdrop of growing…
Head of State Kassym-Jomart Tokayev held a meeting with Chief Executive Officer of Kazatomprom Meirzhan Yussupov. During the meeting, Tokayev was briefed about the outcomes of the company’s activity in the first half of the year. According to Yussupov, uranium production and sales stood at 11 and 8 thousand tons, respectively, in the reporting period.…