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Rosatom Starts Developing Large Uranium Deposit in Southern Siberia

© Sputnik / Evgeny Yepanchintsev / Go to the photo bankAn individual works in the main building of the Khiagda enterprise in the Bauntovsky district of the Republic of Buryatia. Khiagda (part of Atomredmetzoloto, or ARMZ, the uranium holding of Rosatom State Corporation) is beginning preparations for the development of the Istochnoye and Verhinskoye natural uranium deposits at the Khiagda ore field in Buryatia
An individual works in the main building of the Khiagda enterprise in the Bauntovsky district of the Republic of Buryatia. Khiagda (part of Atomredmetzoloto, or ARMZ, the uranium holding of Rosatom State Corporation) is beginning preparations for the development of the Istochnoye and Verhinskoye natural uranium deposits at the Khiagda ore field in Buryatia - Sputnik International
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The amount of local uranium reserves amounts to 4,577 tonnes, with the first ore expected to be extracted in 2018.

Russian and Rosatom State Corporation flags. (File) - Sputnik International
Russia’s Rosatom Subsidiaries Produced 7,900 Tonnes of Uranium in 2016
MOSCOW (Sputnik) — A subsidiary of ARMZ, a uranium branch of Russia's state-owned nuclear energy corporation Rosatom, started the development of the Vershinnoye uranium deposit in the Republic of Buryatia in southern Siberia, the ARMZ press service said Monday.

"The work was started by Acting Head of Buryatia Alexei Tsydenov and Director General of ARMZ JSC Vladimir Verkhovtsev," the company said.

According to ARMZ, the amount of uranium in the field's reserves amounts to 4,577 tonnes, with the first ore expected to be extracted in 2018.

Russia’s Rosatom, the third largest uranium producer in the world and second largest by uranium reserve and nuclear energy generation capacities, makes up 36 percent of the global uranium enrichment services market. In 2016, its subsidiaries produced a total of 7,900 metric tons of uranium, equivalent to 2015 production levels.

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