Kyrgyzstan: country sued for banning uranium mining

Due to the ban on uranium mining, a lawsuit was filed against Kyrgyzstan to international arbitration, the Ministry of Justice reported. The process of appointing the composition of the arbitration tribunal by the parties in the framework of arbitration proceedings with International Mining Company Invest Inc. is being completed at the International Center for Settlement of Investment Disputes in Washington (USA). A petition to initiate arbitration proceedings was registered in September. The company’s…

Kazakhstan: Kazatomprom developing 26 uranium deposits

Kazatomprom chairman Mazhit Sharipov has visited uranium-extracting enterprises in Kyzylorda and Turkestan regions. Following his visit, Sharipov ordered to improve working condition and meet manufacturing targets. Kazatomprom is the largest uranium manufacturer in the world with the share of 24% in 2021. The group develops 26 deposits united under 14 enterprises. (Ukrainian metal)