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Also the State Grid Corporation of China (SGCC) is planning transmission links from China.

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Kazatomprom is the national atomic company set up in 1997 and owned by the government.

These complemented the Zarechnoye JV 250 km to the south which was set up in June 2006.

However, in 20 the 50% ARMZ equity in these three was traded for an eventual 51% share of Canadian-based Uranium One Inc, which subsequently became wholly-owned by ARMZ.

The second JV with Tenex, confirmed in 2008, is for extending a small uranium enrichment plant at Angarsk in southern Siberia (this will also be the site of the first international enrichment centre, in which Kazatomprom has a 10% interest).

It will eventually be capable of enriching the whole 6000 tonnes of uranium production from Russian mining JVs in Kazakhstan. The uranium exploration and mining JVs Akbastau and Karatau with Tenex started with Budenovskoye in the Stepnoye area of south Kazakhstan, which commenced production in 2008.


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