Russia: China to become co-investor of uranium mine

The Russia-China Investment Fund for Regional Development on March 12 signed an agreement to become a co-investor of construction of a 18.5 billion ruble uranium mine of Priargunsky Industrial Mining and Chemical Union, part of state nuclear power corporation Rosatom’s unit Atomredmetzoloto. The company plans to launch the first stage of the mine in 2023.…

Tajikistan: uranium mining not to resume

Tajikistan is prospecting for uranium not to resume mining, but to evaluate the reserves. “This does not mean we will return to uranium mining”, the director of Main geology department at the government Zarobiddin Fayzullozoda said. “Uranium was actively processed on the territory of Tajikistan under the Soviet Union. The work on prospecting started in…

Russia: Uranium One to stop selling uranium

Rosatom has decided to unite on the basis of its trading house the Tekhsnabexport company (Tenex, which exports processed uranium to NPPs) and its foreign trading in natural uranium, previously conducted by Uranium One. The decision was taken in late 2017. At the same time last summer U1 intended to actively develop its own trading,…

Russia: Dalur uranium output up in 2017

Dalur is leading among the mining companies of Rosatom in uranium output. According to the company CEO Nikolai Poponin, in 2017 Dalur is expected to produce 592.3 tons of yellow cake, up by 0.1% YoY. The company has drilled 242 shafts and its reserves have increased by 667 tons of uranium. “We have improved the…

Kazakhstan: uranium output down in January-October 2017

In January-October Kazakhstan produced 19.2 thousand tons of uranium, down by 5.5% YoY.

According to the Ministry of Energy press-service, in 2016 uranium output totaled 24 thousand tons, in 2015 – 23.8 thousand tons.

Kazakhstan is the world leader in natural uranium mining. (Ukrainian metal)

Russia: PPGHO results for January-September 2017

In January-September PPGHO fulfilled its uranium production schedule.

In particular 1232 tons of the metal have been supplied to the nuclear industry.

In addition, some 2.3 million tons of coal have been shipped to consumers. (Ukrainian metal)

Uzbekistan: India intends to start uranium purchases

India intends to purchase uranium from Uzbekistan to replenish its strategic reserves. The parties are currently negotiating the matter. The first meetings of the delegations took place two months after the meeting between Indian Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev on the sidelines of the Shanghai Cooperation Organization summit in Astana. The…

Kazakhstan to supply uranium to UAE

Kazatomprom National Atomic Company JSC and Emirates Nuclear Energy Corporation (ENEC, UAE) have inked a Memorandum of Understanding in Astana. The aim of the memorandum is to establish mutually beneficial cooperation between Kazakhstan and the United Arab Emirates in terms of peaceful atom and energy industry. In addition, the memorandum reflects the intentions to supply…

Kyrgyzstan: Russian company to deal with uranium tailings

Three uranium tailings in Kyrgyzstan will be subject to reclamation, liquidation and conservation. This is reported by the company RosRAO. According to it, on August 22, RosRAO State Enterprise (“Rosatom” State Corporation) was selected as the winner in a tender for work at three tailing sites in Kyrgyzstan: Tuyuk-Suu (liquidation), Dalneye (conservation) and Kaji-Sai (recultivation).…

Russia: Dalur to increase uranium output

In 2016 Dalur mined 591 tons of uranium in Kurgan region.

The gradual putting of Dobrovolnoye deposits into operation by 2025 will allow the enterprise to increase output to 700 tons per year.

The Dobrovolnoye reserves are estimated at 7067 tons of uranium. (Ukrainian metal)

Kyrgyzstan: Rosatom to rehabilitate uranium facilities

Representatives of the Federal Center for Nuclear and Radiation Safety JSC (subsidiary of Rosatom State Nuclear Energy Corporation) took part in the technical meeting of the International Atomic Energy Agency (IAEA) Coordination Group in Almaty, where a strategic master plan for environmental rehabilitation of the facilities of the former uranium production was discussed. The strategic…

Kazakhstan: Kazatomprom signs memos on digitalization of production with world’s leading companies

Within the framework of the International Exhibition “Astana EXPO-2017” in the pavilion The World of Nuclear Energy the signing of memorandums between NAC Kazatomprom JSC and Cameco Corporation, Uranium One Inc., CGN and AREVA was held. All four documents determine the opportunities for cooperation in implementing in Kazatomprom the tasks outlined in the Address of…

Kazakhstan: Kazatomprom starts implementing Industry 4.0 elements

National Atomic Company of Kazatomprom has held a coordination meeting in Shymkent attended by the heads and specialists of subsidiaries’ IT departments. The meeting was mainly dedicated to the targets of rapid technology modernization including implementation of digital technologies and robot automation at uranium production, the company press-service reports. CEO of Kazatomprom Askar Zhumagaliyev said…

Russia: Uranium One earnings up in Q1 2017

In January-March Uranium One increased its earnings 5-fold YoY, to $67.9 million.

The corrected net profits totaled $21.1 million, up 7.5-fold YoY.

Uranium output dropped to 1110 tons.

Uranium One is the fourth largest uranium producer in the world. Last year it yielded 4919 tons of uranium. (Ukrainian metal)