mine · Kazakhstan
Inkai
A very large in-situ recovery uranium operation in southern Kazakhstan.
OperatingProductionProject score 78
Operator
Kazatomprom
Country
Kazakhstan
Mine life
20 yrs
Capex
—
Profile
Resource, economics and jurisdiction
- Resource
- Large sandstone-hosted uranium resource amenable to ISR.
- Production
- Several million pounds of U3O8 annually.
- Economics
- Among the lowest-cost uranium production globally.
- Infrastructure
- Wellfield infrastructure with rail export routing.
- Jurisdiction
- Moderate risk
- Ownership
- Kazatomprom 60%, Cameco 40%
- Region
- Turkistan Region
Overview
What this asset is
A very large in-situ recovery uranium operation in southern Kazakhstan.
Methodology
Earthern Project Score 78
Version v0.1
- Resource Quality
- 88 (weight 1.2) — Grade, continuity and metallurgical complexity of the resource.
- Project Scale
- 86 (weight 1) — Annual output potential relative to the global market for its primary mineral.
- Development Stage
- 79 (weight 0.9) — How far the asset has advanced toward or through production.
- Jurisdiction
- 86 (weight 1.1) — Political stability, permitting predictability and rule of law.
- Infrastructure
- 72 (weight 0.9) — Access to power, water, transport and processing capacity.
- Economics
- 78 (weight 1.2) — Cost position and margin resilience through the price cycle.
- Strategic Importance
- 89 (weight 1) — Relevance to national critical mineral strategies and allied supply chains.
- Supply-Chain Value
- 80 (weight 1) — Whether the asset relieves a genuine downstream bottleneck.
- Sustainability
- 69 (weight 0.9) — Carbon intensity, water use, tailings approach and community standing.
- Execution Risk
- 72 (weight 1) — Technical, financing and schedule risk to reaching nameplate output. Higher is lower risk.
Materials
Minerals produced
Assets