Uranium Boom in Kazakhstan
Kazakhstan's international energy image is now that of one of the world's rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, has now quietly passed another energy milestone.
Kazakhstan produces 33 percent of world's mined uranium, followed by Canada at 18 percent and Australia, with 11 percent of global output. Kazakhstan contains the world's second-largest uranium reserves, estimated at 1.5 million tons. Until two years ago Kazakhstan was the world's No. 3 uranium miner, following Australia and Canada.
Together the trio is responsible for about 62 percent of the world's production of mined uranium.
According to Kazakhstan's State Corporation for Atomic Energy, Kazatomprom, during January-September, the country mined 13,957 tons of uranium. "The volume of uranium mining in the Republic of Kazakhstan (for January - September) comprised 13,957 tons, which is 11 percent higher than the same period last year." Even more impressive, Kazatomprom's revenues soared 72 percent year-on-year. Kazatomprom is the state-owned Kazakh national operator for the export of uranium, as well as rare metals, nuclear fuel for nuclear power plants, special equipment, technologies, and dual-purpose materials.
Full article at: Kazakhstan Now World's Largest Uranium Miner