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Mine development has continued with a view to further increasing annual production by 2018.

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A second agreement related to uranium mining at Kharasan-1, Akdala and South Inkai, where ARMZ has equity through Uranium One.

In March 2011 Russia and Kazakhstan (Kazatomprom) signed stage II of this 2006 integrated cooperation program, involving uranium exploration and a feasibility study for a Kazakh nuclear power plant.

Under this, and following JV development at Angarsk, Kazatomprom bought a 25% share of Russia's Novouralsk enrichment plant in 2013.

In January 2016 an international arbitral tribunal upheld WWM’s claims under investor-state arbitration and dismissed Kazakh objections. Kazatomprom has forged major strategic links with Russia, Japan and China, as well as taking a significant share in the international nuclear company Westinghouse.

Canadian and French companies are involved with uranium mining and other aspects of the fuel cycle.


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