Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Uranium Boom in Kazakhstan
oilprice.com ^ | 11/21/2011 | John Daly

Posted on 11/23/2011 9:39:34 AM PST by bananaman22

Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, has now quietly passed another energy milestone.

Kazakhstan produces 33 percent of world’s mined uranium, followed by Canada at 18 percent and Australia, with 11 percent of global output. Kazakhstan contains the world's second-largest uranium reserves, estimated at 1.5 million tons. Until two years ago Kazakhstan was the world's No. 3 uranium miner, following Australia and Canada.

Together the trio is responsible for about 62 percent of the world's production of mined uranium.

According to Kazakhstan’s State Corporation for Atomic Energy, Kazatomprom, during January-September, the country mined 13,957 tons of uranium. “The volume of uranium mining in the Republic of Kazakhstan (for January - September) comprised 13,957 tons, which is 11 percent higher than the same period last year." Even more impressive, Kazatomprom’s revenues soared 72 percent year-on-year. Kazatomprom is the state-owned Kazakh national operator for the export of uranium, as well as rare metals, nuclear fuel for nuclear power plants, special equipment, technologies, and dual-purpose materials.

To put Kazakhstan’s accomplishment in context, a mere five years ago Kazakhstan produced 5,279 tons of uranium.

While the March disaster at Japan’s Fuskuhima nuclear complex has caused several European nations to reassess their commitment to nuclear power, Kazakhstan’s regional markets seem assured in Asia’s rising economic powerhouses China and India. While Beijing has reacted to Fukushima by ordering thorough inspections of the nation’s nuclear power plants, China's Commission of Science Technology and Industry for National Defense in its 11th Five-Year Plan for the Nuclear Industry announced China intended to produce Full article at: Kazakhstan Now World’s Largest Uranium Miner


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: energy; fukushima; kazakhstan; nuclear; nuclearpower; russi; russia; uranium

1 posted on 11/23/2011 9:39:39 AM PST by bananaman22
[ Post Reply | Private Reply | View Replies]

To: bananaman22
Great Success!

2 posted on 11/23/2011 9:52:21 AM PST by TSgt ("Romney" means "rino cult" in Kenyan)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bananaman22

The US has lost most of our Uranium production.

Eight percent of the U3O8e delivered in 2010 was U.S.-origin uranium at a weighted-average price of $45.25 per pound. Foreign-origin uranium accounted for the remaining 92 percent of deliveries at a weighted-average price of $49.64 per pound.

http://www.eia.gov/FTPROOT/nuclear/umar2010.pdf
page 1


3 posted on 11/23/2011 9:53:13 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TSgt

I honestly hate that movie.

Yeah, it’s supposed to be “comedy”, but it has NOTHING in similarity with Kazakhstan. I lived in Russia for a year, plus a ten day visit to K-stan.

Besides, SBC is a pro-hom0sexu@l, quite anti-Christian person.


4 posted on 11/23/2011 10:04:24 AM PST by fishtank (The denial of original sin is the root of liberalism.)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson