Kara-Balta mining plant may start working in the near future, the Mining and Metallurgical Trade Union reported. According to it, the management of the plant agreed with Canadian investors on cooperation in the development of uranium deposits Tash-Bulak and Kyzyl-Ompul. Thanks to this, it will be possible to significantly increase production volumes and reach profits.…
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.…
Novosibirsk Chemical Concentrates Plant, a unit of the Russian nuclear fuel producer TVEL, exported more than 300 kilograms of metal uranium to France in 2017, Alexander Yevseyev, the plant’s director for production, said on February 13. “This is the first delivery within a large contract. The client was satisfied, and we will continue cooperation,” he…
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…
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,…
In 2017 the uranium holding ARMZ mined 3 thousand tons of uranium, having 100% fulfilled its annual target. In particular, its Khiagda enterprise obtained 693 tons of uranium. It is expected that the company will reach the project capacity of 1 thousand tons per year in 2019. Dalur retained its output volume and extracted 592…
In 2017 Khiagda is expected to sell 693 tons of uranium, while in 2008 it sold just 60 tons. For the next year the company has the same goals: further decrease of the prime cost of the products and the manufacturing processes. At the same time it also has new challenges: improve efficiency, increase output…
Kazakh company Kazatomprom has delayed its delivery of uranium to Iran as it is seeking the permission of six world powers involved in the 2015 Iranian nuclear deal. Galymzhan Pirmatov, Kazatomprom’s chairman, was quoted by Financial Tribune daily as saying that the delivery of uranium concentrate to Iran could be possible only after obtaining permission…