Russia's Atomstroyexport expected to build the initial one.

dating uranium-39

One of these was with Canada-based World-Wide Minerals Ltd (WWM), under a 1989 bilateral investment treaty between Canada and the USSR.* * WWM invested heavily in the country over 1996-97, upgrading and operating the Tselinny (TGK) uranium mining and processing facilities at Stepnogorsk, with an option to acquire 90% equity in them as well as developing additional mines.

WWM and subsidiaries entered into agreements with the Kazakh government, but claims that the government frustrated its endeavours, leading to a loss of more than $50 million and its exit from the country.

It announced in 2008 that it aimed to supply 30% of the world's uranium by 2015 (it produced 39% in fact), and through joint ventures: 12% of the uranium conversion market, 6% of enrichment, and 30% of the fuel fabrication market by then.

Prior to Kazatomprom’s establishment, other arrangements pertained for uranium development.

Mine development has continued with a view to further increasing annual production by 2018.

Capacity is around 25,000 t U/yr, but in October 2011 Kazatoprom announced a cap on production of 20,000 t U/yr, which was evidently disregarded.In 2012 the government's energy system development plan had 150 TWh/yr production in 2030, with 4.5% of this from nuclear and 10% from renewables.The government planned investment in electricity production and grid of .8 billion by 2015, and foresees billion by 2030.It also involved fuel fabrication and nuclear waste management.A second agreement related to uranium mining at Kharasan-1, Akdala and South Inkai, where ARMZ has equity through Uranium One.Kazatomprom is the national atomic company set up in 1997 and owned by the government.