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Related Topic: Kazakhstan

CGN to take stake in Kazakh U mining company

CGN to take stake in Kazakh U mining company

China General Nuclear is expected to acquire a 49% stake in Ortalyk LLP, a wholly-owned subsidiary of Kazakh uranium producer Kazatomprom, by mid-2021. The transfer of the stake was part of cooperation agreements signed between CGN and Kazatomprom in 2014, 2015 and 2016.

Corporate 05 January 2021

Project to downblend Kazakh HEU fuel completed

Project to downblend Kazakh HEU fuel completed

A project to remove the last remaining batch of unirradiated highly enriched uranium fuel from Kazakhstan has been completed in a joint effort by Kazakhstan and the USA, the US Department of Energy's National Nuclear Security Administration has announced. The two nations have also signed a new joint statement reaffirming their intention to continue to work together to support the common goal of minimising nuclear proliferation, ensuring nuclear security and strengthening the nuclear non-proliferation regime.
 

Regulation & Safety 24 September 2020

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CGN to take stake in Kazakh U mining company

Kazatomprom extends uranium production cuts into 2022

Yellow Cake announces next uranium purchase

Producers announce pre-COVID uranium output

Kazatomprom uranium miners set to return to work

Yellow Cake makes first uranium purchase

New fabrication plant for Kazakhstan

Pirmatov highlights shifting market sentiment

Project to downblend Kazakh HEU fuel completed

Pirmatov highlights shifting market sentiment

Pirmatov highlights shifting market sentiment

Kazatomprom CEO Galymzhan Pirmatov highlighted changing sentiment in the uranium market when announcing the Kazakh uranium producer's half-yearly financial results yesterday. The impact of reductions in Kazatomprom's operations due to COVID-19 measures will not be seen until the second-half of this year, he said, and the company expects its inventory levels to fall below its target of six to seven months of annual attributable production in 2020 and 2021.

Uranium & Fuel 28 August 2020

Kazatomprom extends uranium production cuts into 2022

Kazatomprom extends uranium production cuts into 2022

Kazakhstan's JSC National Atomic Company Kazatomprom says it will continue to "flex down" production by 20% through 2022. The company is also maintaining its 20% reduction in 2021, with no additional production planned to replace volumes lost in 2020 due to the measures taken to combat COVID-19.

Uranium & Fuel 19 August 2020

Kazatomprom uranium miners set to return to work

Kazatomprom uranium miners set to return to work

Kazakhstan's JSC National Atomic Company Kazatomprom plans to return staffing levels at its uranium mines to normal by around the end of this month. The number of employees at the mine sites was reduced between April and July in response to the COVID-19 pandemic.

Uranium & Fuel 04 August 2020

Kazatomprom extends reduced operations

Kazatomprom extends reduced operations

JSC National Atomic Company Kazatomprom has today announced it is extending for one month its reduction in operations due to COVID-19. Kazakhstan's government last week announced a second two-week lockdown after a national surge in coronavirus cases followed the lifting of an earlier lockdown.

Uranium & Fuel 06 July 2020

Producers announce pre-COVID uranium output

Producers announce pre-COVID uranium output

Production figures issued by Cameco and Kazatomprom for the first quarter of 2020 show a slight decrease on the same period last year, while those announced by the US Energy Information Administration show an 86% year-on-year fall from US facilities. This follows a year when US uranium production was the lowest on record.

Uranium & Fuel 04 May 2020

Cameco assesses Inkai and Ontario operations

Cameco assesses Inkai and Ontario operations

Canadian uranium producer Cameco says Kazatomprom's decision to temporarily decrease operational activity at their Inkai joint venture is "an unplanned event that may lead to variability" in its 2020 outlook. Cameco has also announced that it is implementing a number of temporary operational changes at its fuel services division facilities in Ontario.

Uranium & Fuel 08 April 2020

Kazatomprom updates operations under COVID-19 lockdown

Kazatomprom updates operations under COVID-19 lockdown

Kazatomprom said today that it expects Kazakhstan's 2020 annual uranium production volume to decrease by up to 4,000 tU from previous expectations as the company introduces measures to comply with COVID-19 lockdown requirements. Measures that will result in a lower level of wellfield activity, and thus a reduction in production volume, are expected to remain in place for three months. Kazatomprom is the world's biggest uranium producer, accounting for 23% of global output of the metal in 2018.

Covid-19 07 April 2020

Kazakh-Russian enrichment JV completes share sale

Kazakh-Russian enrichment JV completes share sale

Kazatomprom announced today it has completed the sale of its 50% interest (minus one share) in Uranium Enrichment Centre JSC (UEC) to its partner in the joint venture, TVEL. The world's biggest uranium producer disclosed the RUB6.253 billion (about USD100 million) transaction with the nuclear fuel manufacturer subsidiary of Russian state nuclear corporation Rosatom in January.

Corporate 17 March 2020