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uranium mining and milling page, see the Uranium Mining
and Milling Overview.
Krasnokamensk, Chita Oblast
As of May 2002,
TVEL, Minatom's nuclear fuel concern, owns a
controlling interest in the company. The Ministry of Property
Relations holds 38% of the shares.
There are mines, storage facilities and a
conversion plant at this site.[1,2]
The combine was established in 1968. It conducts mining in the Streltsovsk
uranium ore deposit in the Zabaykalye region. This facility mines and processes
molybdenum-uranium ores with natural uranium oxide and ammonium paramolybdate
as final products. This site operates both underground and open-pit mines.[1]
Planned capacity of the facility in Zabaykalye region is reported to be
4,000 tons of yellow-cake, although actual production is less. In 1995,
the Combine produced 2,585 MT U3O8 which represents a 499-MT decrease in
comparison with 1991.[2] Reportedly, this is the only site in Russia where
yellowcake is produced.[3] In 1993, it produced 2,640 MT.[4] This site
reportedly carries out most of the uranium mining and production of high-purity
oxides in Russia, with the ability "to supply needs of some 30 GWe of nuclear
power plant capacity."[5] In 1993, Russia produced uranium only at this
site.[6] In May 1996, the combine was seeking $80 million in funding to increase
its uranium production in order to cover the fuel shortage expected for
Russian power stations in the late 1990s. Most of the plant's 1996 annual
production was exported.[7] As of 1998, PGKhO was
operating three mines (work at several other mines was stopped due to decreased
orders from the state following the Chornobyl accident).[8] As of May 2002, the combine employed
12,500 people.[9]
(This section is no longer being updated. For information on
archived developments in the mining and milling industry, please see the
Uranium Mining and Milling
Developments file.)
For major recent developments, see the
Nuclear Fuel Cycle Developments file.
5/97: PRIARGUNSKIY SUFFERS FROM LACK OF FINANCES
Production at the Priargunskiy Mining and Chemical Company has declined
because of equipment shortages and insufficient funds to maintain older
milling facilities. In addition, because the ores are deep and ore grades
are low, mining is labor-intensive and therefore more costly. Russia's
sole remaining uranium project, Priargunskiy may no longer be sustainable.
Nukem estimates the uranium output of the company decreased from about
2,200 metric tons in 1995 to 1,925 metric tons in 1996. Experts assume
that this decline in production will continue into 1997.
1996: PRIARGUNSKIY OWED $600 MILLION
Officials in Krasnokamensk claim that Concord Oil Co. owes the Priargunskiy
Mining and Chemical Combine $600 million from unmet contracts. Concord
Oil Co. is owned by Oren Benton, once the world's largest uranium trader,
who filed for bankruptcy on 23 February 1995.
Page last updated 11 December
2002
The development section in this file is no longer being updated. For major
recent developments, see the
Nuclear Fuel Cycle Developments file.
For archived developments, see the
Uranium Mining and Milling
Developments file.
Comments or questions? Contact Elena Sokova at MIIS
CNS: esokovaATmiis.edu
This material is produced independently for NTI
by the Center for Nonproliferation Studies at the
Monterey Institute of International Studies and
does not necessarily reflect the opinions of and has
not been independently verified by NTI or its directors, officers,
employees, agents. Copyright © 2002 by MIIS.
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