Related Topic: Kazakhstan

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


Kazatomprom leaves U output unchanged in 2020

Kazatomprom leaves U output unchanged in 2020

Kazatomprom expects its 2020 uranium output to remain flat compared to 2019, consistent with its market-centric strategy and previously announced intention to "flex down" planned production volumes through 2021. The world's biggest uranium producer, the Kazakh company covered 23% of global output of the metal in 2018.

Uranium & Fuel 03 February 2020


Kazatomprom to sell stake in enrichment JV

Kazatomprom to sell stake in enrichment JV

Kazatomprom announced today it intends to sell its 50% interest (minus one share) in Uranium Enrichment Centre JSC to its partner in the joint venture, TVEL, for RUB6.253 billion (about USD100 million). TVEL is the nuclear fuel manufacturer subsidiary of Russian state nuclear corporation Rosatom. The Kazakh uranium producer said the decision was based on its "value-driven strategy", as well as its review of current uranium enrichment market conditions.

Uranium & Fuel 31 January 2020


IAEA fuel bank receives first delivery of uranium

IAEA fuel bank receives first delivery of uranium

The International Atomic Energy Agency yesterday took delivery of the first shipment of low-enriched uranium at a purpose-built storage facility at the Ulba Metallurgical Plant in eastern Kazakhstan. The delivery marks the official start of operation of the IAEA LEU Bank, aimed at providing assurance to countries about the availability of nuclear fuel.

Uranium & Fuel 18 October 2019


Central Asia commits to affordable and clean energy

Central Asia commits to affordable and clean energy

Energy ministers from across Central Asia today committed their countries to collaborating on meeting the United Nations' seventh Sustainable Development Goal, which pledges 'affordable and clean energy' by 2030. The meeting is the first time they have come together to discuss the region's common energy challenges.

Energy & Environment 20 September 2019


Kazatomprom signs uranium supply contract with Brazil's INB

Kazatomprom signs uranium supply contract with Brazil's INB

Kazakhstan's JSC National Atomic Company Kazatomprom announced today it had signed a commercial agreement to supply natural uranium to Indústrias Nucleares do Brasil (INB). Kazatomprom said it had won INB's tender to supply natural uranium hexafluoride for the needs of the Brazilian nuclear power industry.

Uranium & Fuel 13 September 2019


Kazatomprom prolongs uranium production cuts

Kazatomprom prolongs uranium production cuts

Kazakhstan's JSC National Atomic Company Kazatomprom will continue to "flex down" production by 20% through 2021, rather than to the end of 2020 as originally planned, the company has announced. Full production will not resume until market conditions signal a need for more uranium, it said.
 

Uranium & Fuel 20 August 2019