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INKAI

History/Innovations

2011 An amendment to Inkai's resource use contract was signed, and government approval received, to increase annual production from blocks 1 and 2 to 3.9 million pounds (100% basis) and to carry out a five-year assessment program at block 3.
2010 Official acceptance and opening of main processing plant
2006 Inkai Test Mine Achieves Health, Safety and Environmental Certifications
2005 regulatory authorities approved the EA and design plan for commercial processing facility
2004 joint venture approved feasibility study
2002 test mining began following federal government's formal inspection and acceptance of the new facilities
2000 received subsoil use contract
1999 received combined exploration and mining licence
1998 increased ownership to 60% with the purchase of Uranerz Exploration and Mining Limited, from initial investment of one-third
1993 announced uranium agreement with Kazakhstan
1976 discovered deposit