Kazatomprom

Kazatomprom Казатомпром
Government-owned corporation
Founded 1997
Headquarters Almaty, Kazakhstan
Key people
 Nurlan Kapparov, President.
Products Uranium, Beryllium,Tantalum & Niobium based products
Revenue KZT57 Billion First Half (2007)
Number of employees
 30,000
Website Kazatomprom Homepage

Kazatomprom is a state-owned nuclear holding company in Kazakhstan, which operates in the field of Uranium and nuclear fuel cycle services, production of Beryllium, Tantalum and Niobium, and power production. Kazatomprom was founded in 1997 and is headquartered in Astana, Kazakhstan. It has been headed by Vladimir Shkolnik. However, the recent government reorganization, announced by President Nursultan Nazarbayev, may lead to Shkolnik being appointed minister of the newly created Ministry of Energy, while the position of Kazatomprom president will be given to Nurlan Kapparov.[1]

Production

Uranium production

In 2006 Kazakhstan produced 5,279 tonnes of uranium, of which 3,010 tonnes were produced by Kazatomprom.[2] Kazatomprom also represents Kazakhstan in the joint ventures with Russian Tekhsnabexport, French Areva and Canadian Cameco.[3][4]

Kazatomprom has set a goal of producing 15,000 metric tons by 2010.

Ulba Metallurgical Plant

Kazatomprom processes their materials at the Ulba Metallurgical Plant in Ust-Kamenogorsk, Kazakhstan.[5] It is the largest metallurgic processing facility in Kazakhstan. The facility holds the world's #1 rank as the largest processor of uranium products, second largest processor of beryllium products and third largest processor of tantalum and niobium products.

Other operations

Kazatomprom, through its subsidiaries, engages in geological exploration; Uranium, Tantalum, and Niobium production; and power generation operations. It produces triuranium octoxide, fuel pellets, uranium dioxide powders, and natural uranium concentrate; and beryllium metal ingots, beryllium powder, copper-beryllium master alloys, aluminium-beryllium master alloys, nickel-beryllium master alloys, and beryllia based ceramics, as well as processes uranium-containing scraps, remains, and off-spec industrial products. The company also produces tantalum ingots, tantalum chips, tantalum mill products, rods, wires, powder, capacitor materials, plates and Yttrium refined Tantalum; and niobium pentoxide, niobium ingots, niobium chips, niobium mill products, niobium rods, plates wires, and niobium powder. In addition, it engages in the generation of electric and thermal power, and water; and provision of training in uranium mining. The company is also involved in reactor decommissioning, hydrofluoric acid production and research and development works.

Westinghouse's deal

In August 2007, Kazatomprom agreed to purchase 10% of Westinghouse Electric Company from Toshiba for US$540 million. The deal was finalized in October 2007.[6]

See also

References

  1. ↑ Urazova, Dinara; Kuzmina, Tatyana. "Nazarbayev rearranges Kazakh government". Tengrinews. Retrieved 11 August 2014.
  2. ↑ "Kazatomprom ups uranium production 4% in 2006". Interfax-Kazakhstan. 2007-01-26. Retrieved 2008-04-19.
  3. ↑ "Areva and Kazatomprom launch their uranium production project in Kazakhstan ($90 million investment). Press release". Areva. 2004-04-29. Retrieved 2008-04-19.
  4. ↑ "Commerce Resources forms Strategic Alliance with NAC KazAtomProm's Tantalum Division - OJSC Ulba Metallurgical Plant. Press release". Commerce Resources. 2006-06-07. Retrieved 2008-04-19.
  5. ↑ http://www.ulba.kz/en/company9.htm
  6. ↑ "Kazatomprom buys 10% stake in Westinghouse". World Nuclear News. 2007-10-22. Retrieved 2008-04-19.

External links