February 01, 2011

Kazatomprom will boost uranium production to 19600 tons in 2011 and Areva delays Namibian mine Trekkopje

1. Kazakhstan plans to boost uranium output by 10 percent to 19,600 metric tons this year, said Vladimir Shkolnik, chief executive officer of the state nuclear company, Kazatomprom. The Central Asian nation produced 17,803 tons of uranium in 2010.

2. Areva SA, a French uranium miner, said production at its Trekkopje project in Namibia will be delayed because of the complexity of the $1 billion venture. Full output will be pushed back to 2013. Trekkopje, 70 kilometers (43 miles) northeast of Swakopmund, was initially expected to reach full capacity in 2012. Upon commissioning, the Trekkopje mine will process 100,000 tons of crushed ore a day and produce 3,000 tons of uranium a year. Areva said last March it may cut its 2012 global output target of 12,000 metric tons by as much as 20 percent (to 9600 tons)

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