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Kazakhstan may run out of uranium in 60 years

22 april 2013, 18:48
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Photo courtesy of munaigaz.kz
Photo courtesy of munaigaz.kz
Kazakhstan has uranium reserves enough for 60-70 years at the maximum production level and 80-90 years at the current production without replenishment, Primeminister.kz reports citing Director General of Kazenergy Association Asset Magauov.

He noted that Kazakhstan was suffering from low pace of replenishment of the mineral resources base, whereas establishment of the full nuclear fuel production cycle could increases the energy potential of the uranium reserves.

“In any scenario a production decrease may be expected in Kazakhstan after 2020, if no new fields are developed,” he said.

According to some forecasts, Kazakhstan has up to one fourth of the global uranium reserves at its territory. 20.9 thousand tons of uranium or 37 percent of the global volume was produced in Kazakhstan in 2012. Meanwhile, Kazakhstan plans to keep annually increasing production of this mineral.

Uranium production level is expected to reach 22,821 tons in 2013, 24,019 tons in 2014, 24,754 tons in 2015 and 25,602 tons in 2016.

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