• Inkai is owned 60% by Cameco and 40% by the Kazakh government through Kazatomprom. 
  • Tapping into the vast uranium potential of Kazakhstan, Joint Venture Inkai LLP operates the in situ recovery mine.
  • The ISO 14001 and BSI OHSAS 18001 certified facility follows western standards for worker safety and environmental protection since it began operations in 2008. 
Operation(As of December 31, 2016)
60% Cameco ownership
500 people employed at full production
Production(As of December 31, 2016)
3.5 m lbs U3O8 Annual production trend (Cameco's share)

Q3 2017 Update


Production was 33% higher for the quarter and 18% lower for the first nine months compared to the same periods last year due to the timing of new wellfield development and the planned 10% decrease in production for 2017.

Inkai Production

Cameco's Share (million lbs)

3 months ended
September 30
  9 months ended
September 30
2017 2016 Change 2017 2016 Change 2017 Plan
0.8 0.6 33% 2.3 2.8 (18)% 3.1

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Environment & Safety

Worker safety, environmental monitoring and proper decommissioning after project completion are of the utmost importance to Cameco.

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Reserves & Resources

Our mineral reserves and resources are the foundation of our company and fundamental to our success.

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Caution about forward-looking information relating to the JV Inkai Restructuring Agreement

This discussion of our expectations relating to the JV Inkai restructuring agreement is forward-looking information that is based upon the assumptions and subject to the material risks discussed under the heading Caution about forward-looking information beginning on page 2 of our 2016 Q2 MD&A and also on the more specific assumptions and risks listed on page 23 of our 2016 Q2 MD&A. Actual outcomes may vary significantly.