Kazakhstan: Kazatomprom’s net profit up in 2018

Currently, Kazatomprom JSC develops 14 of 56 explored deposits with balance reserves of uranium, the company reported. Today the company, which is the world’s largest producer of natural uranium, is engaged in mining in the Turkistan, Kyzylorda and Akmola regions. “All uranium products of Kazatomprom are exported. Over the past months of this year, the…

Russia: Hiagda uranium output up in H1 2018

In January-June Hiagda overfulfilled its uranium-mining plan by 5%.

At the same time, thanks to the measures to improve manufacturing efficiency the company was able to decrease prime cost of the products by 8%.

This year the company intends to construct a high-voltage line and a road to the Kolichikanskoye deposits. (Ukrainian metal)

Russia: PPGHO decreases yellow cake moisture

Yellow cake, or ammonium polyuranite, is the end product of enterprises, which mine uranium by ways of in-situ recovery – Dalur and Khiagda. The only drawback of this technique is the high moisture of the product (up to 30%). Later the yellow cake is processed into the triuranium octoxide with the minimum moisture. Priargunsky Manufacturing…

Kazakhstan: uranium exports to Brazil started

Kazakhstan’s national company Kazatomprom delivered the first batch of uranium to Brazil, the company’s press service said in a message. “The National Atomic Company of Kazakhstan is expanding the geography of its products supply on the world nuclear fuel market. Kazatomprom JSC won an international tender for the supply of natural uranium concentrates for the…

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,…