КАТCO celebrates its 10,000th ton Uranium production
18.05.2011Today, on May 18, 2011, KATCO, the Kazakh-French Joint Venture, celebrates its 10 000 tU production in Suzak region of South-Kazakhstan oblast.
10 000th t U production capacity was achieved almost 10 years after the startup of Kazatomprom and AREVA pilot project – the processing plant - in Kazakhstan.
The celebration ceremony is attended by representatives of oblast and district administrations, shareholders’ senior officers, AREVA and KazAtomProm.
This notable event is the result of partners' support and outstanding job of all KATCO’s team first in the exploration and development and now in the exploitation of the deposits.
«KATCO’s mining sites are one of the best in the uranium industry thanks to efficient infrastructure, highly qualified staff and high level of standards in the field of operations and safety,” says Konrad Schauer, KATCO the Director General.
VladimirShkolnik, theChairmanofKazatomprom,saysinitscongratulatory speech“that KATCO is one of the largest mining enterprises of the Southern Kazakhstan oblast where more than one thousand employees work at its facilities. A result of the successful Kazakhstani-French cooperation is a high quality of products and yearly production increase».
KATCO, a joint Kazakh-French Venture was created in 1996 to conduct the operations for uranium development and mining at the Moyunkum and Tortkuduk uranium deposits in the southern Kazakhstan, approximately 250 kilometers north of Shymkent. Today, the company employs 1170 persons and runs the mines equipped with modern equipment to use In Situ Leaching (ISL) technique with yearly capacity of more than 3100 tU and total reserves of 65000 tU.
Now, considering the size of the deposits, the prospects for discovering ore in new areas under existing license to the company, the recent 35-year extension of KATCO’s underground mining concession, and the fact that KATCO produced 3354 metric tons of uranium in 2010, the aim is to increase production to 4000 metric tons from 2012.
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AREVA - All over the world, AREVA provides its customers with solutions for carbon-free power generation and electricity transmission. With its knowledge and expertise in these fields, the group has a leading role to play in meeting the world’s energy needs. Ranked first in the global nuclear power industry, AREVA's unique integrated offering covers every stage of the fuel cycle, reactor design and construction, and related services.
In addition, the group is developing a portfolio of operations in renewable energies. AREVA is also a world leader in electricity transmission and distribution and offers its customers a complete range of solutions for greater grid stability and energy efficiency.
In addition, the group is developing a portfolio of operations in renewable energies. AREVA is also a world leader in electricity transmission and distribution and offers its customers a complete range of solutions for greater grid stability and energy efficiency.
Sustainable development is a core component of the group’s industrial strategy. Its 75,000 employees work every day to make AREVA a responsible industrial player that is helping to supply ever cleaner, safer and more economical energy to the greatest number of people.
NAC KAZATOMPROM JSC is the national operator of Kazakhstan for export of uranium and its compounds, rare metals, nuclear fuel for NPPs, special-purpose equipment, technologies and dual-purpose materials. The Company’s core activity includes geologic exploration, production of uranium, nuclear fuel cycle products, construction of reactors, NPPs, non-ferrous metallurgy and construction materials, energy, scientific support of production, personnel training and social support. At present, more than 23 000 people work for the Company. Today Kazatomprom is among the world leading uranium producers.
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