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Kazatomprom JV Inkai — Kazakhstan ISR Uranium Mine

Developer
Kazatomprom JSC (60%) / Cameco Corporation (40%)
Capacity
0 MWe
Last updated
7/13/2026

Project overview

Reactor type
Uranium mine (ISR)
Announced
1/1/1997
Projected operational
12/31/2050

Notes

JV Inkai is a major in-situ recovery (ISR) uranium mine in Kazakhstan, jointly owned by Kazatomprom (60%) and Cameco (40%). The mine experienced a production suspension from January 1, 2025 (due to Project Documentation renewal delay) but resumed operations January 27, 2025 after Cameco and Kazatomprom resolved the administrative issue. JV Inkai produced 8.4 million pounds U3O8 in 2025 — up from 7.8 million pounds in 2024. Kazatomprom's total 2025 production reached 25,839 tU (67.18 million pounds, 100% basis) — an approximately 10-11% year-on-year increase. Kazatomprom plans to cut 2026 production by approximately 10% to 27,500-29,000 tU to prioritise market balance and profitability.

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