Uzbekistan is strengthening its position in the global uranium market and plans to significantly increase production volumes of this strategic resource in the coming years, the UzAtom Agency reports. Today, the country ranks among the global leaders in the uranium industry: it holds the second-largest reserves among CIS countries, the tenth-largest worldwide and is among…
Kazakhstan and China plan to co-develop a transboundary uranium field. The Satbayev Institute of Geological Sciences, China University of Geosciences (Beijing), the China National Nuclear Corporation (CNNC) and Xiamen Wanli Stone Co., Ltd signed a framework agreement on joint comparative research of transboundary strategic ore belts between Kazakhstan and China, Kazakh Invest NC JSC said.…
The South Jelken uranium deposit is nearing the final stage of preparation for industrial development. This was announced by Benoit Lemonne, CEO of the joint venture Nurlikum Mining, during the Tashkent International Investment Forum. Since its establishment in late 2019, Nurlikum Mining – a joint venture between French corporation Orano and the Uzbek state enterprise…
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…