Far East | Materials, extraction

Elkonskoye uranium to be fully launched by 2031

27 Nov '09
Uranium holding Atomredmetzoloto has plans to develop a design for its metal and mining complex at Yakutia’s Elkonskoye uranium field in 2010-2011, CEO Vadim Zhivov said today.

Under plans, construction and commissioning are scheduled for 2012-2019; the complex will be fully launched between 2017 and 2031.

From that point, Mr. Zhivov said, the complex will be producing up to 25% of uranium used by Russia’s nuclear energy companies.

The RF government will reportedly own 51% of Elkonsky Metal & Mining.

The cost of the project has yet to be announced.

Yakutia’s uranium reserves are estimated at 319,000 (6% of global reserves). According to RIA Novosti, the Elkonskoye field is one of the world’s largest uranium deposits (5.3% of recoverable global reserves).

Atomredmetzoloto is the uranium division of nuclear energy holding Atomenergoprom.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content

Tags: Atomenergoprom (8) / Atomredmetzoloto (4) / uranium (19) / metal and mining complex (0) / Vadim Zhivov (0) / Elkonskoye uranium field (0) /

Latest News: Far East
19 Feb '18 | Real estate | Technology & innovation
12 Jan '18 | Technology & innovation
17 Nov '17 | Finance, business | Technology & innovation

Feature stories

7 Jun '18
Russian scientists have come up with a new method of...
3 Apr '18
In regions most of European Russians will hardly ever...
21 Nov '17
Russian scientists have come up with what they say is...
Search (News archive - 21267)
Independent Software Developers Forum
Marchmont News

Latest News

17 Aug '18
BestPlace’s analytical platform enables businesses to...
16 Aug '18
Doc+, a Russian service enabling users to bring a...
15 Aug '18
Brain4Net, a Russian developer of solutions in the...

Most read stories from last week

17 Aug '18
BestPlace’s analytical platform enables businesses to...