Company menu
History
State Concern Atomredmetzoloto was founded in 1991 to succeed to the former First Chief Directorate of the USSR Ministry of Medium Machine Building and later operated within the structure of the Ministry for Atomic Energy of the Russian Federation. The concern was an industrial complex of mining and processing enterprises located in six counties within the Commonwealth of Independent States — Russia, Ukraine, Uzbekistan, Kazakhstan, Tajikistan, and Kyrgyzstan. State Concern Atomredmetzoloto was involved in exploration, mining and processing of uranium- and gold-bearing ores, as well as of rare and rare earth element ores. It was also engaged in design of mines, ore processing facilities, and machine engineering plants. In 1995 , State Concern Atomredmetzoloto was reorganized to become a joint stock company of the open type. In 1999, owing to the re-registration of joint stock companies, it was transformed into JSC Atomredmetzoloto.
Key events and facts
Atomredmetzoloto, JSC, the Rosatom’s mining division and a successor of the world’s largest uranium mining conglomerate build in the Soviet Union, celebrates its first 10-years anniversary.
January
Tripartite agreement on cooperation in the implementation of measures aimed at reducing the impact on the environment signed between JSC Dalur, the Government of the Kurgan region and the Office of Rosprirodnadzor (Russia’s federal environmental watchdog) for the Kurgan region
February
Installation of an electronic board measuring the level of radiation on the building of the administration of Zverinogolovsky district of the Kurgan region
March
Agreement on cooperation in the Arctic between JSC Atomredmetzoloto, FSUE Atomflot and LLC VostokCoal MC.
Agreement between the Rosatom State Corporation and the Government of the Arkhangelsk Region on cooperation for the implementation of the Pavlovskoye project
AprilPhysical start-up of the first stage of a 1.5 tpa scandium oxide pilot plant
May
Production of first samples of PD-2EE load-haul-dump machine at the repair and mechanical plant of Priargunsky Industrial Mining and Chemical Union, PJSC
June
JSC Dalur was granted the right to use Dobrovolnoe subsoil plot of federal significance, located on the territory of the Kurgan region, for the exploration and mining of uranium
JSC RUSBURMASH obtained Rospotrebnadzor’s license for the use of sources of ionizing radiation
Underground uranium mine No. 8 of Priargunsky Industrial Mining and Chemical Union, PJSC achieved projected capacity
July
Information Center of JSC Dalur opened in the village of Zverinogolovskoye in the Kurgan region
New directors appointed at Priargunsky Industrial Mining and Chemical Union, PJSC and JSC Khiagda
AugustLevel 7D of underground uranium mine № 8 of Priargunsky Industrial Mining and Chemical Union, PJSC put into operation
September
New models of the domestic LHD machine produced by Priargunsky Industrial Mining and Chemical Union, PJSC presented at the “Import substitution” exhibition in Crocus Expo
10th anniversary of JSC Atomredmetzoloto celebrated
The monograph “Creation and Development of the Mineral Resources Base of the National Nuclear Industry” published
October
Competence center for geological and mathematical modeling of the fields being developed established in ARMZ Uranium Holding Co.
November
First tranche for the construction of new uranium mine No. 6 on the site of Priargunsky Industrial Mining and Chemical Union, PJSC in Krasnokamensk allocated
December
The monograph “Geotechnology of Uranium (Russian Experience)” published
Priargunsky Mining and Chemical Works, PJSC, the holding’s largest production facility, achieves its key goal of breaking even on profits.
January
nspection Audit confirmed compliance of the Khiagda JSC quality and environment management system with requirements of international ISO 900 and 14,000 standards.
Obtaining of positive opinions of FAA Glavgosexpertiza of Russia on the projects for developing deposits of the Khiagdinskoye ore field in the Republic of Buryatia.
February
Arrangement of a new testing ground for testing load-haul-dump machines at PJSC PIMCU.
Entering of the Pavlovskoye deposit reserves explored into the State Register of Reserves by the Minutes of FBU State Commission on Mineral Reserves (FBU GKZ).
March
Presentation by PJSC PIMCU Repair Mechanical Plant of the new PD-1D mining machine prototype.
Provision by the government of the Republic of Buryatia of a property tax benefit for the facilities of JSC Khiagda newly commissioned.
Obtaining by JSC VNIPIpromtekhnologii (Engineering Center of ARMZ Uranium Holding) of two positive opinions of FAA Glavgosexpertiza of Russia for project and estimate documentation for allocation and construction of an underground research laboratory in the Krasnoyarsk Territory.
April
НCommencement of designing a pilot plant for the production of rough scandium concentrate (in the form of scandium fluoride) from mother waters at JSC Dalur.
Celebration of the 65-year anniversary of JSC VNIPIpromtekhnologii
Obtaining by JSC VNIPIpromtekhnologii of a positive opinion of FAA Glavgosexpertiza of Russia on the project of construction of the PJSC PIMCU Mine No. 6.
May
Celebration of the 40-year anniversary of the Hydrometallurgical Plant and the 30-year anniversary of the Urtuyskiy coal strip mine of PJSC PIMCU.
June
Participation of JSC Atomredmetzoloto in the VIII Annual International Forum “Atomexpo-2016”.
Presentation to RF Council of Federation of key social projects of the Holding Company in the Trans-Baikal Territory.
Conclusion of a cooperation agreement between ARMZ, RT-Global Resources LLC (a subsidiary of RT-Business Development of Rostech State Corporation LLC ) and the Government of the Trans-Baikal Territory.
Celebration of the 45-year anniversary of PJSC PIMCU research laboratory.
Conclusion of an agreement on ensuring sustainable socioeconomic development of the Bauntovskiy-Evenki District of the Republic of Buryatia between JSC Khiagda and Bauntovskiy-Evenki District municipality.
Conclusion of an agreement on cooperation and interaction to develop the industrial potential of the Kurgan region between ARMZ, JSC Dalur and the government of the region.
July
Signing of the decree of the Government of the Russian Federation on the establishment of Krasnokamensk PSEDA in the Trans-Baikal Territory.
Rosatom State Corporation signed an authorization to commission the facilities of the 3rd stage of Central Production Site (CPS) of JSC Khiagda.
August
ARMZ Uranium Holding Co., JSC AlyansTransAtom and contractors started implementing a program to replenish the vehicle park for operation at the PJSC PIMCU Urtuyskiy coal strip mine.
September
ARMZ Uranium Holding Co. delegation took part in the 41st symposium of the Global Nuclear Association in London.
Acting Trans-Baikal Territory Governor Natalya Zhdanova visited PJSC PIMCU during her business trip.
October
Implementation of the social entrepreneurship support program in Krasnokamensk for the third consecutive year.
Commissioning by JSC Dalur of new fields of the Dalmatovskoye and Khokhlovskoye deposits in the Kurgan Region.
November
Nomination “Best Presentation of a Business Model in a Non-Public Company Report” at the XIX Annual Competition of annual reports of the Moscow stock exchange was awarded to ARMZ Uranium Holding Co. for the second consecutive year.
Commencement of industrial processing of off-balance ore dumps at PJSC PIMCU.
Completion of the first field season stage as part of holding an engineering survey at the Pavlovskoye deposit.
Nomination “For Adherence to the Transparency and Openness Principles” at the XIII Annual Practical Conference “Annual Report: Experience of the Leaders and New Standards”organized by Expert- RA ranking agency was awarded to ARMZ Uranium Holding Co.
December
Reaching by PJSC PIMCU of the break-even level of operation (following the results of 2016).
Atomredmetzoloto, JSC tops the integrated KPI rating among the Rosatom divisions.
January
The first stage of implementation of quality management system and environmental management system according to ISO 9001:2008 and ISO 14001:2004 standards was completed at JSC Khiagda. The enterprise was granted the certification audit for compliance with the requirements of the Integrated Management System (IMS).
February
New stowing complex was commissioned after completion of industrial testing at PJSC PIMCU. It is designed to fill the stowing mixtures into underground uranium mine goaf. It is necessary to fill in the underground voids for safe continuation of mining and in order to reduce the environmental impact. The plant consists of three quickly erected modules.
March
JSC Atomredmetzoloto and the Government of the Arkhangelsk region signed an agreement on cooperation. The document sets forth the conditions for implementation of social and industrial programmes promoting integrated regional development, sustainable development of the mining enterprises in the Novaya Zemlya and balanced mutual interests.
The nomination set by the All-Russian Contest “Russian Business Leaders” “For Contribution to the Solution of Territorial Social Issues” for the support provided by JSC Atomredmetzoloto to Social Entrepreneurship in Zabaikalsky Territory was awarded.
Nikolai Rogozhkin, Plenipotentiary of the President of the Russian Federation in the Siberian Federal District, paid a working visit to PJSC PIMCU.
Coordination Council for Economic and Social Development of the Baikal region in the presence of the Plenipotentiary of the President of the Russian Federation in the Siberian Federal District decided to support construction of ore mine No. 6 of PJSC Priargunsky Industrial Mining and Chemical Union.
April
The new reserve penetration pattern was developed by Shaft Sinking Unit of PJSC PIMCU, which allows reducing costs at the underground uranium mine No. 8 by RUR 1.5 billion.
A round table dedicated to topical issues of improvement of legislative support for the development of uranium mining industry was held at the Federation Council of the Russian Federation.
Krasnokamensk (Zabaikalsky Territory) was included in the list of single-industry municipalities of the Russian Federation (single-industry cities) of the 1st category enabling the town to apply for additional grants from the federal budget in order to create new jobs unrelated to the operations of the town’s backbone enterprise.
May
Rosatom State Nuclear Energy Corporation signed an authorization to commission the facilities of the first stage of the central JSC Khiagda production site construction.
New generation of downhole equipment for direct determination of uranium was presented by JSC RUSBURMASH at MetrolExpo-2015.
First screening of the documentary “Russian Division” was held in the House of Russian Expatriate Community, a charitable cultural and historical project supported by JSC Atomredmetzoloto and dedicated to the 70-year anniversary of the Victory.
June
The Investment Committee of Rosatom State Nuclear Energy Corporation decided in favour of funding the construction of ore mine No. 6 of PJSC PIMCU.
JSC Atomredmetzoloto participated in the VII Annual International Forum “Atomexpo-2015”.
The new crushing and screening plant was commissioned at PJSC PIMCU Hydrometallurgical Plant.
Vyacheslav Nagovitsyn, Head of the Republic of Buryatia, visited JSC Khiagda during his business trip.
July
The 2014 public annual report of JSC Atomredmetzoloto was published.
August
Rosatom State Nuclear Energy Corporation decided in favour of funding associated scandium production at JSC Dalur.
September
The sulfuric acid plant at the JSC Khiagda production site was commissioned.
SC Khiagda commenced development of Istochnoye deposit at Khiagda ore field in Bauntovsky Evenki District of the Republic of Buryatia.
ARMZ Uranium Holding Co. delegation took part in the 40th World Nuclear Association Symposium in London.
Traditional meeting of JSC Atomredmetzoloto veterans was held on the eve of the anniversary of the nuclear industry alongside with the presentation of the book “Resource Base of the Nuclear Industry”.
Celebration of the 70-year anniversary of the nuclear industry in Krasnokamensk, the “Uranium Capital” of Russia was held: a memorial plaque to Stal Pokrovsky, the first director of the town’s backbone enterprise, was inaugurated and the book “Names of the Miner’s Glory” was presented.
Uranium compound suspension (yellow cake) drying system was put into commercial operation in the main production building of JSC Dalur.
October
Representation office of the ARMZ Uranium Holding Engineering Center opened in Bishkek, the capital of the Kyrgyz Republic.
>Nomination “Best Presentation of a Business Model in a Non-Public Company Report” at the XVIII Annual Competition of annual reports of the Moscow stock exchange was awarded to ARMZ Uranium Holding Co.
November
A pilot plant for extraction of scandium from productive solutions and further concentrate refining was launched at JSC Dalur. The project is implemented based on the resolution adopted by Rosatom State Nuclear Energy Corporation.
According to the jury of MarCom Awards American Corporate Communications competition, the integrated annual report of JSC Atomredmetzoloto was recognized as the “Golden” winner in the category “Best Annual Report of a Corporation”. Compliance with international standards of training and the high quality of the Report helped ARMZ win the first prize among the world’s largest corporations.
The ARMZ Uranium Holding Engineering Center started working on the project “Construction of a new ash dump of the Krasnokamensk TPP”.
December
The installation of a crushing and sorting plant, which will allow enhancing product quality and expanding the range due to the high efficiency of coal crushing and classification, was completed at the coal warehouse of PJSC PIMCU Urtuyskoe surface mine office.
A recrushing unit for X-ray ore treatment plant concentrate was commissioned at PJSC PIMCU Hydrometallurgical Plant.
Atomredmetzoloto, OJSC is renamed to Atomredmetzoloto, JSC (a public company). A comprehensive program to cut production costs and break even at the holding level is initiated.
January
Generation together with Rosatom State Corporation and PJSC PIMCU of the 2014-2017 Krasnokamensk social-economic development.
February
Start of sulfuric acid transportation in tank-containers in PJSC PIMCU.
Start of new crushing facility operation on Urkutskiy coal mine of PJSC PIMCU.
March
Start of the technical reequipment investment program of the Repair-mechanical plant of PJSC PIMCU.
May
Signing an agreement on social-economic partnership of the Government of the Kurgan Region and JSC Dalur.
Accession of JSC Atomredmetzoloto in Self-regulating company Non-profit partnership SOYUZATOMSTROY.
JunePutting into pilot-commercial operation of the mining underground communication system on PJSC PIMCU mines.
Start of implementation by JSC RUSBURMASH of a large-scale federal geological exploration project in Arctics, in Yzhniy island of Novaya Zemlya archipelago connected with evaluation of commercial significance of the Bezimyanskoye ore field.
Signing a contract between PJSC PIMCU and Beijing Triumph International Engineering Co., Ltd. (BTIEC) on the development of a preliminary feasibility study of the cement plant construction in Krasnokamensk.
July
Successful integrated testing of a new main production building of JSC Khiagda.
Putting in pilot-commercial operation of the system “Personnel and INsite equipment positioning” on mines of PJSC PIMCU.
August
Start of JSC Khiagda preparation for development of Istochnoye and Vershinnoye natural uranium deposits in the Bauntovskiy district of the Republic of Buryatia.
September
УARMZ Uranium Holding Co. Delegates take part in the 39th WNA Symposium.
Commissioning of a new administrative building of Urtuyskoye surface mine office of PJSC PIMCU.
October
Start of implementation of an integrated project for residue reserve development of Tulukui quarry in PJSC PIMCU.
Start of commissioning tests of the yellow cake drying system in the main building of JSC Dalur.
JSC Khiagda became winner of the regional stage of the All-Russian contest “Russian High Social Efficiency Organization”
November
Appointment by State Corporation Rosatom of JSC VNIPIpromtekhnologii as a parent methodological company of the industry with respect to engineering surveys when constructing uranium producing and processing facilities.
December
Completion of testing of innovative mining-geological computer 3D-technologies and software in JSC Dalur.
Entering into state contracts for development of associated REM and scandium extraction during uranium production.
The holding consolidates its 100% share in Uranium One Inc. According to Rosatom’s resolution, Uranium One Holding N.V. assumes control of the holding’s foreign assets. Starting from December, 2013, Atomredmetzoloto, OJSC controls the Russian uranium producing assets.
January
ARMZ Uranium Holding Сo. announces a transaction on acquisition of 100% of Uranium One Inc. shares.
A joint project of ARMZ Uranium Holding Co. and JSC PIMCU on “Development of Integrated Technology for Processing of Low-Grade Raw Uranium by Geotechnological Methods” wins a contest for the right to receive grant for the implementation of integrated projects aimed at establishing high-tech production, organized by the Ministry of Education and Science of the Russian Federation.
February
JSC Dalur begins pre-production mining for bulk concentrations of rare earth metals.
Sergey Shurygin is appointed as the Director General of JSC PIMCU. Viktor Svyatetsky, who previously held this position, moves to the post of director of JSC VNIPIpromtechnologii.
March
Uranium One Inc. shareholders approve the transaction on acquisition of 100% stake in the company by ARMZ Uranium Holding Co.
The transaction on consolidation of 100% stake in Uranium One Inc. receives approval from the Supreme Court of Ontario, Canada, as well as from regulatory authorities of Russia, USA, and Australia.
April
The Ministry of Energy and Minerals of the United Republic of Tanzania issues a uranium mining license for the Mkuju River project.
May
In the Village of Uksyanskoye (Dalmatovsky District, Kurgan Region), a ribbon-cutting ceremony takes place during which two playgrounds and an athletic field, which were built using funds provided by ARMZ Uranium Holding Co., are solemnly transferred to the local kindergarten.
Vladimir Verkhovtsev is assigned as the Director General of JSC Atomredmetzoloto.
July
ARMZ Uranium Holding Co. publishes its operational and financial performance indicators for 2012.
August
Finland-based company Fortum conducted a witness audit at JSC PIMCU.
The 45-year anniversary of JSC PIMCU establishment was celebrated.
An international certificate was obtained and development of an information security management system compliant with ISO/IEC 27001:2005 completed.
September
Partnership agreement was signed between the National Research Nuclear University MEPhI, the Leading Scientific-Research and Design-Prospecting Institute of Industrial Technology (JSC VNIPIpromtechnologii) and the Leading Scientific-Research Institute of Chemical Technology (JSC VNIIKhT).
Competition among employees of ARMZ Uranium Holding Co. and enterprises operated by the Holding Company were carried out.
October
A transaction to consolidate a 100% stake in Uranium One was closed.
Uranium reserves of the Vershinnoye Deposit within the Khiagdinskoye Ore Field were confirmed with the Buryat Territorial Commission for Mineral Reserves.
November
JSC PIMCU was recognized the most environmentally responsible company in the Trans-Baikal Territory at the Russian Industrial and Environmental Forum RosPromEco.
Within the “Young Talent” Competition and the Third Youth Educational Forum ECOLINE-2013, results were summarized, scholarships were awarded and winners were announced.
In terms of development quality, the JSC Atomredmetzoloto 2012 Integrated Annual Report was named one of the TOP-10 reports prepared by 100 leading companies in Russia and the CIS, according to assessment of Expert RA Rating Agency. Also, the Report became a winner in the nomination Best Annual Report Idea and Design within the framework of the 10th Annual Report Competition among companies pertaining to the fuel and energy sector.
December
Under the production diversification programme, JSC PIMCU launched a project on Optimization and Logistics of Open-Pit Coal Mine aimed at boosting volumes of brown coal mined at the Urtuiskiy open pit.
An Agreement on Cooperation and Joint Business was signed between JSC RUSBURMASH and JSC Kazgeology.
JSC PIMCU implemented a new integrated technology for processing low-grade uranium ores.
JSC Atomredmetzoloto successfully completed the YAT11 project to create a geological database for the Streltsovskoye Ore Field, whose commercial development is performed by JSC PIMCU.
Uranium reserves of the Koretkondinskoye Deposit within the Khiagdinskoye Ore Field were confirmed with the Buryat Territorial Commission for Mineral Reserves.
The holding acquires 99.5% share in The First Ore Mining Company, JSC, which develops a project involving construction of a profitable lead-zinc ore mining and production facility at the Pavlovskoye lead-zinc and silver field (Bezymyansky ore cluster, Yuzhny Island of the Novaya Zemlya Archipelago, Arkhangelsk Region).
January
Uranium One Inc. announces the acquisition of 13.9% of Mantra Resources Limited.
Uranium One Inc. publishes its production and financial figures for 2011. The company’s uranium production was up 45%.
February
ARMZ Uranium Holding Co. announces an increase in the number of social projects being implemented in the regions where it operates.
The first auditions for participants in the NUCKIDS-2012 project take place in Krasnokamensk.
April
A deal is finalized for the sale to Uranium One Inc. of 13.9% of shares in Mantra Resources Limited.
ARMZ Uranium Holding Co. holds a corporate session in Chita.
May
ARMZ Uranium Holding Co. successfully completes the ARTnova and Artline projects in regions where it conducts business.
The ceremonial handing over to a local kindergarten of three playgrounds, paid for by ARMZ Uranium Holding Co., takes place in the village of Uksyanskoye in the Dalmatovo district of Kurgan region.
July
ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) publishes its consolidated financial report to international standards for 2011, an independent audit report produced by KPMG, and also its production figures for 2011.
August
Children of ARMZ Uranium Holding Co. employees take part in the Nuckids project for the second time.
September
JSC Dalur is granted ISO 9001:2008 and ISO 14000:2004 certificates.
October
Krasnokamensk hosts award ceremony of the Second Youth Educational Forum ECOLINE-2012, organized by ARMZ Uranium Holding Co. and JSC PIMCU.
Finland-based company Fortum performs an environmental assessment of JSC Khiagda.
November
JSC Atomredmetzoloto receives an award from the Institute of Certified Financial Managers.
ARMZ Uranium Holding Co. acquires a 99.5% stake in JSC First Ore-Mining Company.
December
JSC PIMCU commissions Mine No. 8.
State Corporation Rosatom and Administration of Zabaikalye Territory sign a Cooperation Agreement.
Financial and Economic Division of JSC Atomredmetzoloto receives an award from State Corporation Rosatom.
The company acquires 100% of an Australian public company Mantra Resources Pty Limited, which is developing the Mkuju River project in Tanzania.
April
Public hearings are held on the draft annual report for 2010, followed by a public certification of the report.
May
The deal to acquire 100% of Mantra Resources Limited is approved by company shareholders.
July
The deal to purchase 100% of Mantra Resources Limited is finalized.
JSC Dalur celebrates its 10th anniversary.
July
ARMZ Uranium Holding Co. publishes its IFRS financial statement for 2010.
September
The event Sport-Children-Stars is held in the village of Uksyanskoye in the Dalmatovo district of Kurgan region.
The first stage of the ecological forum ECOLINE-2011 begins.
Octomber
The second stage of the ecological forum ECOLINE-2011 takes place in Chita and Krasnokamensk.
JSC Khiagda completes construction of the first phase of a workers’ settlement.
November
Reserves are adjusted at the Mkuju River project.
ARMZ Uranium Holding Co. receives an award for its contribution to the development of integrated reporting.
As part of the XIV annual report competition, organized by the RTS and MICEX, ARMZ Uranium Holding Co. wins an award for Best Corporate Website.
Rosatom General Director Sergei Kirienko visits JSC PIMCU.
December
Uranium One Inc. announces a successful bond placement — the first bond placement in Russia by a foreign corporate issuer. The issue amounted to 14.3 billion rubles for 10 years, with a buyback offer in 5 years, and an annual yield of 9.75%.
Rosatom’s director for the introduction of production systems visits JSC PIMCU.
Increasing the scope of its foreign operations, ARMZ consolidates a control share in Uranium One Inc.
March
The Director General of Atomredmetzoloto attends the inauguration of the president of the Republic of Namibia.
A delegation from ARMZ Uranium Holding Co. takes part in the sixth annual Asia Mining congress.
June
ARMZ Uranium Holding Co. announces a deal to consolidate a controlling stake in Uranium One Inc.
An Atomredmetzoloto delegation takes part in the forum Atomexpo 2010.
July
ARMZ Uranium Holding Co. publishes its consolidated financial statement to international standards for 2009, and an independent audit report prepared by BDO Unikon.
ARMZ Uranium Holding Co. carries out a JORC-compliant reserve evaluation at the Elkon uranium ore district.
August
Shareholders in Uranium One Inc. approve an asset swap with ARMZ Uranium Holding Co. for the consolidation on the balance sheet of ARMZ Uranium Holding Co. of a controlling stake in Uranium One.
September
ARMZ Uranium Holding Co. begins a project for the computerization of mine design and planning of mining work.
October
ARMZ Uranium Holding Co. takes part in the sixth mining forum MINEX 2010.
November
The deal for the consolidation of a controlling stake in Uranium One Inc. receives all the required regulatory approvals.
December
As part of the fourth Annual Platts Global Energy Outlook Forum entitled “Clean Energy: Fact or Fiction?” ARMZ Uranium Holding Co. receives a reward for outstanding achievements in business development (Platts Global Energy Awards). The award was given for projects implemented in 2010 to put together a highly effective portfolio of uranium deposits.
A deal is announced to acquire 100% of the Australian publically listed company Mantra Resources Limited.
A deal is finalized to consolidate a controlling stake in Uranium One Inc.
ARMZ’ starts foreign trade operations in earnest, consolidating the Russian owned shares in three joint ventures carrying out uranium production in Kazakhstan. The company becomes a minority shareholder in a Canadian public company Uranium One Inc.
January
SC Atomredmetzoloto shareholders decide to increase the company’s charter capital by placing additional shares in favor of Rosatom. The Rosatom Supervisory Board approves a decision to participate in JSC Atomredmetzoloto.
March
A deal is approved by the relevant state body of the Republic of Kazakhstan for JSC Atomredmetzoloto to acquire 100% of Effective Energy NV (The Netherlands), which owns uranium mining assets in Kazakhstan.
Russian Prime Minister Vladimir Putin, in directive No. 302-r dated 10.03.2009, approves the passport for the complex investment project “Development of project documents for the implementation of the investment project Comprehensive Development of Southern Yakutia”.
June
ARMZ Uranium Holding Co. announces the acquisition of a significant stake in Canada’s Uranium One Inc.
Construction of a bridge over the River Vitim is completed, as part of a program for the development of transport infrastructure at JSC Khiagda.
JSC PIMCU completes construction of a sulfuric acid plant with a capacity of 180,000 tons per year.
July
Russian Prime Minister Vladimir Putin signs directive No. 909-r dated July 11, 2009, on the provision of federal budget subsidies to Rosatom as a capital contribution by the Russian Federation in the amount of 50 billion rubles for the acquisition of shares in JSC Atomredmetzoloto.
As part of an additional share issue by JSC Atomredmetzoloto, the first tranche of funds is received from Rosatom in the amount of 16.898 billion rubles, paid out under a directive from the government of the Russian Federation on the provision of state subsidies. Rosatom became the owner of a controlling stake in JSC Atomredmetzoloto (51.83%).
August
ARMZ Uranium Holding Co. starts to develop the Itmanovskaya titanium-zirconium sand placer deposit.
Russia and Mongolia sign an intergovernmental agreement to set up a uranium mining joint venture.
October
At the fifth Russian mining forum MINEX 2009, which is held in Moscow from September 30 to October 2, ARMZ Uranium Holding Co. is declared Investor of the Year for its asset swap with the Canadian company Uranium One.
ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) publishes its consolidated IFRS report for 2008 and an independent audit report, prepared by BDO Unikon.
November
The asset swap with Canada’s Uranium One is approved by the Kazakh Ministry for Energy and Mineral Resources.
December
Public hearings are held in Aldan (Sakha Republic (Yakutia)) on a declaration of intent for the development of the Lunnoye deposit. The project receives the full approval of local residents and the industrial and ecological safety regulators.
The asset swap with the Canadian company Uranium One is approved by Australia’s Foreign Investment Review Board (FIRB).
ARMZ Uranium Holding Co. and Canada’s Uranium One Inc. finalize a deal to exchange a 50% stake in JV Karatau belonging to ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) for a stake in Uranium One Inc. As a result, JSC Atomredmetzoloto becomes the owner of 19.9% of Uranium One Inc.
Hearings are held in Trans-Baikal Territory on a project to develop the Berezovoye deposit.
As a result of the nuclear industry restructuring under ARMZ control, all Rosatom’s uranium producing companies are consolidated. Extraction licenses for reserve uranium deposits are reissued, including those covering all the deposits in the largest uranium ore district — the Elkon District. Atomredmetzoloto, OJSC assumes the full authority to satisfy the domestic and foreign demand of the Russian nuclear industry for the necessary raw materials and becomes one of leading global producers of uranium.
January
Akbastau JV — geological exploration work starts at section 1 of the Budennovskoye deposit.
Productive solutions with industrial uranium content are received at the Khokhlovskloye deposit (JSC Dalur).
February
ЗJSC Lunnoye — license drawn up for the Lunnoye deposit.
March
An agreement is signed with the administration in Trans-Baikal Territory to create conditions for state-private partnership in Trans-Baikal Territory during the implementation of investment projects.
An agreement is signed by State Nuclear Energy Corporation Rosatom and the Nuclear Energy Agency of Mongolia on cooperation in nuclear energy and in uranium production. ARMZ is the main party to this agreement on the Russian side.
JSC Dalur — Zapadnaya sorption unit launched.
April
A permanent conditions feasibility study for the Khiagda deposit (JSC Khiagda) is approved by the State Reserves Committee.
Atomredmetzoloto draws up licenses for the Elkon, Elkon Plateau, Kurung, Neprokhodimoye, Druzhnoye, Severnoye, Zona Interesnaya, Gornoe, Berezovoye and Orlovskoye deposits.
Three companies receive licenses to working with nuclear materials (JSC Elkon MMP, JSC OMMC, and JSC Gornoe Uranuim Mining Company (GUMC)).
May
Russian-Canadian uranium exploration joint venture LLC Karhu-Geologia is registered.
June
JSC Atomredmetzoloto draws up licenses for subsoil operations at the Istochnoye, Kolichikanskoye, Koretkondinskoye, Namarusskoye and Dybrynskoye deposits.
Atomredmetzoloto takes part in the first ATOMCON — 2008 international congress and exhibition.
