Inkai

  • Inkai is owned 40% by Cameco and 60% 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. 
Production(As of December 31, 2017)
Cameco owns 40% of Inkai
3.2 million pounds U3O8 2017 annual production trend

2018 Q1 Update

Production

Production on a 100% basis was 1.8 million pounds for the quarter. Production was higher in the first quarter as planned production in 2018 is expected to be higher than 2017.

Due to the transition to equity accounting, our share of production will be shown as a purchase at a discount to the spot price and included in inventory at this value at the time of delivery. Our share of the profits earned by JV Inkai on the sale of its production will be included in “share of earnings from equity-accounted investee” on our consolidated statement of earnings.

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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

This page may contain forward-looking information that is based upon the assumptions and subject to the material risks discussed on page 2 of Cameco's most recent Quarterly MD&A.