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Kazakhstan increases volumes of uranium mining

Business Materials 10 November 2011 13:46 (UTC +04:00)
Kazakhstan mined 13,957 tons of uranium in January to October, 2011, which is more by 11 percent than the index of the same period of last year

Kazakhstan, Astana, Nov. 10 / Trend K. Konyrova /

Kazakhstan mined 13,957 tons of uranium in January to October, 2011, which is more by 11 percent than the index of the same period of last year, Kazakh national atomic company Kazatomprom reported
.
"Kazatomprom holds a share of 7,978 tons in the total uranium production in Kazakhstan," the company said.

Kazatomprom's consolidated income for amounted to 264.7 billion tenge ($1 - 147.7 tenge) over nine months of 2011 with an increased of 62 percent compared to index of the same period in 2010. This increase resulted from the growth in sales of uranium products.

Net income made up 56.4 billion tenge over the nine months of 2011, or up by 72 percent compared to similar index of the last year.
Kazatomprom, which is one of the leading uranium mining companies in the world, has over 23,000 employees.
The company acts as a national operator of Kazakhstan for export of uranium and its compounds, rare metals, nuclear fuel for nuclear power plants, special equipment, technologies and dual-use materials.

Edited by E. Kosolapova

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