Russian company Uranium One (part of Rosatom Group) has sold 49.99% of shares in the joint venture "Zarechnoye", located at the uranium deposit of the same name in Kazakhstan. This was reported on December 17 by the Kazakh company Kazatomprom.
The buyer of the stake was SNURDC Astana Mining Company, owned by China's State Nuclear Uranium Resources Development, which is a subsidiary of one of the three state-owned nuclear power plant operators in China.
The "Zarechnoye" deposit was discovered in 1977 in the Turkestan region. As of the beginning of 2024, it has uranium reserves of 3,500 tons. The completion of the deposit development is scheduled for 2028. Kazatomprom's share in the project remained at 49.99% after SNURDC joined the joint venture.
According to experts, the deal could bring the Russian side between $300 and $400 million, considering the rise in natural uranium prices, which have tripled since 2021. In 2021, Rosatom already sold its assets in the United States, earning about $130 million for comparable assets.
Earlier, www1.ru reported that Russia in 2025 will develop a new deposit with 5.7 billion tons of coal.
Read related materials:
Russian scientists have figured out how to overcome depression in oil wells
Tons of emerald and beryl: a new large deposit discovered in the Urals
The largest lithium deposit in Russia is preparing for development
Now on home
Герой России Гарнаев: никто из профессионалов о возобновлении производства на КАЗ всерьёз не говорит
Система отслеживает спутники на высотах до 50 000 км и ведёт за ними наблюдение
The armored vehicle is equipped with a KamAZ-740.35-400 diesel engine with a power of 400 hp.
Constant improvements in avionics, weapons and tactical capabilities will make the aircraft a flexible response to future challenges
The exterior of the KamAZ-54901 features fairings on the cab and chassis for fuel economy
Fighters are in demand both domestically and abroad
Tyazhpromexport and Venezuela Agree on Plant Revival
The company not only completed the state order, but also quickly mastered the production of AK-12K for special forces
Experts have developed a photogrammetric complex with a resolution of less than 1 cm
