In 2016 Atomredmetzoloto received 18.1 billion rubles of revenue, up by 4% YoY, with EBITDA up by 35%, to 4.3 billion rubles, and net profit up by 44%, to 3.7 billion rubles. “2016 was a difficult year for the uranium industry. Still we were able to improve our key financial indexes and showed the net…
Ukraine intends to increase uranium ore processing to 1501 tons in 2018, to 2480 in 2019 and in 2020 each. This year the uranium concentrate output is expected to increase by 21.4% YoY, to 1.2 thousand tons. Thus, the Ministry of energy and coal industry 2020 forecast of uranium concentrate production exceeds the 2016 results…
The acting chairman of the State Service of geology and soil Nikolai Boyarkin has signed 4 orders to allow the Nuclear Energy Systems of Ukraine LLC to prospect and mine uranium in Nikolaev and Dniepropetrovsk regions. In February 2016 the company addressed the service to provide allowances to operate on 5 uranium ore deposits for…
Kazakhstan, which is the biggest uranium producer in the world, plans to decrease uranium production by 8%, or by 2,000 tons in 2017 (about 3% of total global output), Kazakh State Wealth Fund Samruk-Kazyna said in a report. The output will be reduced due to weak market conditions triggered mostly by a global oversupply. In…
Kazakhstan plans to reduce uranium production by 10% in 2017, Kazakhstan’s National Atomic Company Kazatomprom said in a message. This decision was made considering current oversupply on the uranium market. The target uranium production for 2017 will be reduced by 2,000 tons, which is 3% of the total global uranium production, according to 2015 UxC…
The production plan for 2016 at Dalur has been 100% fulfilled. By the end of the year the company plans to have mined 591 tons of uranium, on the 2015 level. “Next year we plan to start working at the Dobrovolskoye deposits in Kurgan region. Machinery to mine scandium is being assembled at our Central…
The Ministry of energy and coal industry, the Dneprovsk region and the representatives of the European Union have analyzed the results of the project on long-term and environmentally friendly strategy of putting off from the operation and rehabilitation of the uranium-processing site at Pridneprovsky Chemical Plant. The cost of the project is 1.1 million euro.…
Kazatomprom chairman Askar Zhumagaliev has visited China and negotiated with the management of CGNPC and CNNC. The parties discussed the nuclear energy industry development, uranium mining and transit through China, as well as delivery of the high-quality uranium to China. Askar Zhumagaliev invited his Chinese colleagues to take part in the Astana EXPO-2017 and show…