Inkai Uranium Project
Inkai is a uranium mine located in Kazakhstan. Commercial production commenced in 2009, with the main processing plant being commissioned in 2010.
Inkai is a roll-front uranium deposit discovered in 1976. Uranium will be recovered using in-situ leach (ISL) mining methods.
Reserves
As of December 31, 2013, proven and probable reserves are 59,689,700 tonnes at an average grade of 0.07% U3O8. (87.6 Million pounds)
Ownership
Inkai is owned and operated by Joint Venture Inkai (JVI), which is owned by Cameco Corporation(40%) and KazAtomProm(60%).
Pause in production
On 2 January 2025, Cameco announced suspending uranium production at Inkai JV over what it called a "bureaucratic holdup". They joint venture had not gotten an extension to submit its project paperwork following a delayed submission to Kazakhstan’s energy ministry.
