Kazatomprom

Kazatomprom (Russian Казатомпром, Kazakh Қазатомөнеркәсіп ) is a company based in Almaty in Kazakhstan, which primarily promotes radioactive metals. Kazatomprom is the largest uranium promotional companies in the world.

Activity

The production of Kazatomprom comprises mainly uranium, beryllium and tantalum.

According to the company about 26,000 people are employed by Kazatomprom. The company's sales in fiscal 2006, according to its own figures, about 90 billion tenge. In the first half of 2010, revenue was already 105.7 billion tenge (about 530 million euros ). For the full fiscal year revenue growth of 30 percent over the previous year to about 231 billion tenge was given (about 1.16 billion euros ).

2010 promoted Kazatomprom total of 17,803 tons of uranium. The result thus remained only slightly below the target amount of 18,000 tons.

History

The company was founded on 14 July 1997 by decision of the Kazakh President Nursultan Nazarbayev. Components of the new company were the company Volkovgeology, the three mining groups Stepnoye, Tsentralnoye and Shestoye and metallurgical operation Ulba.

In the late 1990s, the company ran into serious financial difficulties which could be overcome with the help of a loan of German WestLB. In 1999, the production of tantalum was added to the metallurgical operation Ulba.

In the years 2001 and 2002, Kazatomprom has also been active in the People's Republic of China and South Korea. Two new mines were put into operation. In 2003 Kazatomprom rose to become the world's third largest producer of beryllium and the fourth largest tantalum producer. 2004 Stepnogorsk Mining went - Chemical Complex over to Kazatomprom.

2006, the company has been renowned for the Japanese market. On Stepnogorsk Mining - Chemical Complex production of molybdenum was added. July 11, 2008 Kazatomprom and the French company Areva signed an agreement on the company Katco.

In March 2010, a court in the Kazakh capital Astana sentenced the former head of Kazatomprom Mukhtar Dschakischew embezzlement to 14 years imprisonment. In June 2010, the whole production took the Inkai uranium mine, is involved in the Kazatomprom with 40 percent, to.

Products

The Kazakh state company Kazatomprom leads radioactive metals in its range. The three main products are uranium, beryllium and tantalum. Even the rarely occurring heavy metal niobium is encouraged. In addition, the company manufactures various metals, alloys.