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Wednesday, February 22, 2012

Kazakhstan world's largest uranium producer

 
Uranium oxide, also known as yellow cake.

AZAKHSTAN this year became the world’s biggest uranium producer, overtaking Canada, after it boosted output 63%, said Bloomberg News which cited the Central Asian nation’s state-run mining company. Kazakhstan mined 13,500 metric tons of uranium as of December 21, and will mine at least another 400 tonnes before the end of the year, Almaty-based, Kazatomprom told Bloomberg News in an e-mailed statement. The country will boost uranium production 29% next year to 18,000 tonnes, the company added. Canada is forecast to produce 9,934 tonnes of uranium and Australia may mine 8,022 tonnes, Kazatomprom said, citing forecasts by Ux Consulting Co. Kazakhstan has 15% of the world’s uranium reserves.

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