Taking into account the reserves of joint venture in Kazakhstan, Rosatom State Nuclear Power Corporation is the 2^nd in the world in terms of uranium reserves and the 5^th in the world in terms of uranium production volume (both positions—including joint ventures abroad). For many years Russian nuclear industry enterprises have accumulated considerable experience of geological exploration and production of uranium. Production is conducted by various techniques, including the most environmentally friendly one — the method of in-situ leaching. The production volume is about 3400 tons of uranium a year. Uranium production enterprises are consolidated by JSC ARMZ Uranium Holding (formerly JSC Atomredmetzoloto), a subsidiary of Atomenergoprom.

ARMZ Uranium Holding Co. (JSC Atomredmetzoloto), Joint Stock Company
Moscow
Year of establishment: 1992
www.armz.ru

ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) is one of the leaders in the world uranium mining industry. It is among top five uranium mining companies by uranium output and ranks second by resource base (726,500 tons as of January 1, 2011). ARMZ is the primary supplier of uranium feedstock to the Russian nuclear industry. In 2008, all uranium mining companies in Russia, as well as a number of uranium joint ventures in the CIS and abroad, were brought together under ARMZ, after the restructuring of Russia’s nuclear industry had been completed. In 2010, JSC Atomredmetzoloto acquired 51.4% of shares of Uranium One, Inc., a public Canadian uranium mining company. ARMZ together with its affiliates and subsidiaries employs over 10,000 people. JSC "Atomenergoprom" controls 79,49 % of Atomredmetzoloto’s shares.

 

Uranium Conversion and Enrichment