Kazatomprom 1H2025 Financial Results and 2026 Production Strategy

National Atomic Company “Kazatomprom” JSC (“Kazatomprom”, “KAP” or “the Company”) announces its consolidated financial results for six months ended 30 June 2025, prepared in accordance with International Financial Reporting Standards (IFRS). “As the world’s largest producer and seller of natural uranium, Kazatomprom fully recognises the critical role the Company has in supporting the global energy …

India set to allow its private firms to mine and import uranium to help nuclear expansion

India aims to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars to boost the industry, two government sources said. Prime Minister Narendra Modi’s government plans to expand nuclear power production capacity by 12 times …

Russia’s Rosatom starts development of uranium deposit in eastern Siberia

 Russia’s nuclear power monopoly Rosatom has started development of the Shirondukuyskoye uranium deposit in eastern Siberia, planning to produce the first uranium there in 2028, the company’s mining division said on Friday. The deposit – located close to the city of Krasnokamensk near the border with China and Mongolia, which is dubbed the “uranium capital …

Domestic Uranium Production Report – Annual

Mining, production, shipments, and sales U.S. uranium mines produced 677,000 pounds of triuranium octoxide (U3O8), or uranium concentrate, in 2024, a significant increase from the 50,000 pounds produced in 2023. The production of U3O8 is the first step in the nuclear fuel production process, preceding the conversion of U3O8 into uranium hexafluoride (UF6 ) to enable uranium enrichment, …

Energy Department Announces First Pilot Project for Advanced Nuclear Fuel Lines

The U.S. Department of Energy today announced the next steps in the Trump administration’s efforts to strengthen domestic supply chains for nuclear fuel. The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s efforts to strengthen domestic supply chains for nuclear fuel. DOE has conditionally selected Standard Nuclear as the …

Kazakhstan advances nuclear ambitions with potential third plant by China

Kazakhstan is considering deepening its nuclear energy partnership with China, with plans potentially underway for the construction of a third nuclear power plant (NPP) by a Chinese company, First Deputy Prime Minister Roman Sklyar stated. Sklyar made the announcement during a press conference, suggesting that the same Chinese firm involved in Kazakhstan’s second planned NPP—China …

Rosatom launches pilot uranium processing plant in Tanzania

Construction of Mkuju River project. Credit: Mantra Tanzania Ltd A subsidiary of Russia’s state nuclear corporation Rosatom has launched a pilot uranium processing plant at the Mkuju River project in southern Tanzania, Rosatom said on Wednesday. Built by Mantra Tanzania Ltd at the Nyota deposit, the facility is designed to gather data for the construction …