1 2
1.1 List of Tables 6
1.2 List of Figures 8
2 Executive Summary 9
2.1 Uranium Mining Industry in Kazakhstan 9
2.2 Trends and Developments in Kazakhstan’s Uranium Mining Industry 9
3 Uranium Mining Industry in Kazakhstan 10
3.1 Overview 10
3.2 Uranium Reserves in Kazakhstan 11
3.3 Uranium Production in Kazakhstan 13
3.4 Major Mines in Kazakhstan 14
3.5 Uranium mining sector development 16
3.5.1 Kazakhstan’s Historical and Projected Uranium Production 16
3.5.2 Khorassan1 Mine 17
3.5.3 Irkol Mine 20
3.5.4 West Mynkuduk Mine 21
3.5.5 Akdala 23
3.5.6 South Inkai 25
3.5.7 Kharasan Mine 27
3.5.8 Inkai Mine 30
3.5.9 Southern Moinkum Mine 33
3.5.10 Torkuduk Mine 35
3.5.11 Zarchenoye Mine 35
3.5.12 Budenovskoye – 2 38
3.6 Regulatory Framework and Incentives 39
4 Trends and Developments in Kazakhstan’s Uranium Mining Industry 40
4.1 Overview 40
4.2 Uranium Mining in Kazakhstan, Key drivers, Challenges and Trends 40
4.2.1 Uranium Mining in Kazakhstan, Key drivers 40
4.2.2 Uranium Mining in Kazakhstan, Challenges 41
4.2.3 Uranium Mining in Kazakhstan, Trends 41
4.3 Kazakhstan’s Uranium Mining Outlook 42
4.3.1 Potential Opportunities for Overseas Players in New Mines 42
5 Key Players in Kazakhstan’s Uranium Mining Industry 43
5.1 National Atomic Company Kazatomprom (Kazatomprom) 43
5.1.1 Company Overview 43
5.1.2 Key Information 43
5.1.3 Major Products and Services 43
5.1.4 Competitors 44
5.1.5 Key Employees 44
5.1.6 Locations And Subsidiaries 44
5.1.7 Head Office 44
5.2 Uranium One Inc 45
5.2.1 Company Snapshot 45
5.2.2 Company Overview 45
5.2.3 Business Description 45
5.2.4 Major Products and Services 47
5.2.5 History 47
5.2.6 Key Employees 48
5.2.7 Locations And Subsidiaries 48
5.3 Cameco Corporation 50
5.3.1 Key Information 50
5.3.2 Company Overview 50
5.3.3 Business Description 50
5.3.4 Major Products and Services 51
5.3.5 Key Employees 52
5.3.6 Locations And Subsidiaries 52
5.4 Areva NC 54
5.4.1 Company Overview 54
5.4.2 Key Information 54
5.4.3 Major Products and Services 54
5.4.4 Competitors 55
5.4.5 Key Employees 55
5.4.6 Locations And Subsidiaries 56
5.5 Sumitomo Corporation 58
5.5.1 Company Snapshot 58
5.5.2 Major Products and Services 58
5.5.3 History 59
5.5.4 SWOT Analysis 60
5.5.5 Sumitomo Corporation Strengths 61
5.5.6 Sumitomo Corporation Weaknesses 62
5.5.7 Sumitomo Corporation Opportunities 62
5.5.8 Sumitomo Corporation Threats 62
5.5.9 Competitors 63
5.5.10 Key Employees 64
5.5.11 Locations And Subsidiaries 66
5.6 Mitsui & Co.,Ltd 68
5.6.1 Company Snapshot 68
5.6.2 Business Description 68
5.6.3 Major Products and Services 69
5.6.4 History 70
5.6.5 SWOT Analysis 72
5.6.6 Mitsui & Co., Ltd. Strengths 72
5.6.7 Mitsui & Co., Ltd. Weaknesses 73
5.6.8 Mitsui & Co., Ltd. Opportunities 73
5.6.9 Mitsui & Co., Ltd. Threats 74
5.6.10 Competitors 74
5.6.11 Key Employees 76
5.6.12 Locations And Subsidiaries 77
5.7 China Guangdong Nuclear Power Group 79
5.7.1 Company Overview 79
5.7.2 Key Information 79
5.7.3 Major Products and Services 80
5.7.4 Competitors 80
5.7.5 Locations And Subsidiaries 80
6 Kazakhstan Deals, 2004 to YTD 2009 81
6.1 Kazakhstan, Uranium Mining Deal Value and Volume 81
6.2 Kazakhstan, Uranium Mining Industry Deal Details 82
7 Recent Developments 83
7.1 Operations Updates 83
7.1.1 Apr 28, 2009: Kazatomprom Opens New Irkol Uranium Mine, Kazakhstan 83
7.1.2 Apr 24, 2009: Kazatomprom Starts Khorasan-1 Uranium Deposit In Kazakhstan 83
7.1.3 Jan 15, 2009: Kazatomprom Announces Uranium Production In 2008 83
7.1.4 Nov 26, 2008: Kazatomprom To Increase Uranium Porduction In 2009 83
7.1.5 Sep 03, 2008: Kazatomprom Forecasts Its Uranium Output 84
7.2 Strategy and Business Planning 84
7.2.1 Dec 23, 2008: Uranium One Receives Approval From Kazakh Ministry For Industrial Production At South Inkai Uranium Mine 84
7.3 Government and Public Interest 84
7.3.1 May 11, 2009: China, Kazakhstan Announce Joint Uranium Mining Venture In Almaty, Kazakhstan 84
7.3.2 May 11, 2009: India, Kazakhstan To Sign Agreement For 2,500 Tons Of Uranium 84
7.3.3 May 01, 2009: Kazakhstan To Supply 2,000 Tonnes Uranium For Indian Nuclear Power Plants 85
7.3.4 Feb 23, 2009: Kazakhstan To Raise Uranium Production By 40% In 2009 85
7.3.5 Feb 04, 2009: India To Utilize Kazakhstan’s Uranium As Fuel For Nuclear Reactors 85
7.3.6 Jan 12, 2009: India, Kazakhstan To Sign Cooperation Agreements In Uranium And Nuclear Sectors 85
7.3.7 Dec 01, 2008: Ukraine Signs Agreement With Russia And Kazakhastan For Uranium Enrichment 85
7.3.8 Oct 21, 2008: India To Source Uranium From Kazakhstan, Uzbekistan And Nigeria 86
7.3.9 Oct 16, 2008: Kazakhstan Willing To Supply Uranium To India 86
7.3.10 Sep 16, 2008: Kazakhstan Proposes International Market For Uranium 86
7.3.11 Sep 04, 2008: Kazakhstan Has The Potential To Become World Leader In Uranium Production By 2010 86
7.4 Other Significant Developments 87
7.4.1 Dec 26, 2007: Kansai Electric, Kazatomprom Sign MoU To Outsource Uranium Processing For Nuclear Power Plants 87
7.4.2 May 28, 2007: Cameco Signs MoU With Kazatomprom To Develop Uranium 87
8 Appendix 88
8.1 Methodology 88
8.1.1 Coverage 89
8.1.2 Secondary Research 89
8.1.3 Primary Research 90
8.1.4 Forecasts 90
8.1.5 Expert Panel Validation 90
8.2 Definitions 90
8.2.1 Units of Measure 90
8.3 Contact Us 91
8.4 Disclaimer 91
1.1 List of Tables
Table 1: Kazakhstan, Uranium Reserves, tU, 2000-08 11
Table 2: Uranium Production from Few Major Mines in Kazakhstan, 2004-08 15
Table 3: Kazakhstan, Historical and Projected Uranium Production, Tons of U, 2000-15 17
Table 4: Khorassan 1 Mine, Forecasted Production, tU, 2009-15 19
Table 5: Irkol Mine, Forecasted Production, tU, 2009-15 21
Table 6: West Mynkuduk Mine, Historical & Forecasted Production, tU, 2008-15 23
Table 7: Akdala, Reserves and Resources, 2008 23
Table 8: Akdala Mine, Forecasted Production, tU, 2004-15 25
Table 9: South Inkai, Reserves & Resources, 2008 25
Table 10: South Inkai Mine, Forecasted Production, tU, 2009-15 26
Table 11: Kharasan, Reserves and Resources, 2008 27
Table 12: Kharasan Mine, Forecasted Production, tU, 2009-15 29
Table 13: Inkai, Reserves and Resources, 2008 30
Table 14: Inkai Mine, Forecasted Production, tU, 2009-15 33
Table 15: Southern Moinkum, Historical Production, 2006-08 34
Table 16: Zarchenoye Mine, Forecasted Production, tU, 2007-15 37
Table 17: Budenovskoye – 2, Historical and Forecasted Production, 2008-15 39
Table 18: Nuclear Regulations, Kazakhstan 39
Table 19: National Atomic Company Kazatomprom,Key Facts 43
Table 20: National Atomic Company Kazatomprom, Key Employees, 44
Table 21: Uranium One Inc.,Key Facts 45
Table 22: Major Products and Services 47
Table 23: Uranium One Inc., Key Employees, 48
Table 24: Uranium One Inc., Other Locations 49
Table 25: Cameco Corporation,Key Facts 50
Table 26: Cameco Corporation, Key Employees 52
Table 27: Cameco Corporation, Subsidiaries 53
Table 28: AREVA NC, Key Facts 54
Table 29: Major Products and Services 54
Table 30: AREVA NC, Key Employees 55
Table 31: AREVA NC, Subsidiaries 56
Table 32: Sumitomo Corporation,Key Facts 58
Table 33: Major Products and Services 58
Table 34: Sumitomo Corporation, SWOT Analysis 61
Table 35: Sumitomo Corporation, Key Employees, 64
Table 36: Sumitomo Corporation, Other Locations 66
Table 37: Mitsui & Co., Ltd.,Key Facts 68
Table 38: Major Products and Services 69
Table 39: Mitsui & Co., Ltd., SWOT Analysis , 2007 72
Table 40: Mit |
