Rosatom Nedra (formerly Atomredmetzoloto, ARMZ)

Uranium Holding JSC Rosatom Nedra (formerly JSC Atomredmetzoloto, ARMZ) is the mining division of Rosatom State Corporation. Rosatom Nedra is the successor to the world's largest uranium mining complex created by the USSR. It is one of the three largest uranium mining companies in the world and ranks second in terms of uranium mineral resource base.

Rosatom Nedra has unique competencies in the field of uranium mining: the company has concentrated many years of experience in developing fields in a wide variety of geoclimatic conditions.

Performance indicators

History

2008

January 2008 - Akbastau JV - geological exploration began at the Budennovskoye field site 1.

Productive solutions with commercial uranium contents were obtained at the Khokhlovskoye deposit (Dalur CJSC).

February 2008 - Lunnoye CJSC - a license for the Lunnoye field was issued.

March 2008 - An agreement was signed with the Administration of the Trans-Baikal Territory on the creation of conditions for public-private partnership in the territory of the Trans-Baikal Territory during the implementation of investment projects.

An agreement was signed between the State Atomic Energy Corporation Rosatom and the Mongolian Nuclear Energy Administration on cooperation in the field of atomic energy and uranium mining. ARMZ acts as its main executor on the Russian side.

ZAO Dalur - the Western sorption plant was commissioned.

April 2008 - The State Reserves Committee protects the feasibility study of permanent conditions for the Khiagdinskoye field (JSC Khiagda).

JSC Atomredmetzoloto has issued licenses for the Elkon, Elkon Plateau, Kurung, Impassable, Druzhnoye, Severnoye, Interesting Zone, Gornoye, Berezovoye, Olovskoye deposits.

A license was obtained for the handling of nuclear materials for 3 enterprises (CJSC Elkonsky MMC, CJSC OGHK, CJSC UDC Gornoye).

May 2008 - A Russian-Canadian joint venture for uranium exploration, Karhu-Geologiya LLC, is registered.

June 2008 - JSC Atomredmetzoloto issued subsoil use licenses for Istochnoye, Kolichikanskoye, Koretkondinskoye, Namarusskoye and Dybrynskoye fields.

JSC Atomredmetzoloto participated in the first ATOMCON International Congress and Exhibition - 2008.

July 2008 - An agreement was signed with the Government of the Republic of Buryatia to create conditions for public-private partnership.

The joint venture "Armenian-Russian Mining Company" (JV "ARGK") was established in Armenia.

A joint venture for uranium exploration SWA Uranium Mines was established in Namibia with the participation of JSC Atomredmetzoloto, VTB and IC Arlan.

A stone has been laid in South Yakutia, symbolizing the beginning of the construction of the Lunnoye CJSC enterprise.

An agreement was signed between the Government of the Republic of Sakha (Yakutia) and CJSC Elkonsky MMC on cooperation in the socio-economic development of the Republic of Sakha (Yakutia).

Consolidation of all uranium mining enterprises in Russia

In 2008, as a result of the completion of the restructuring of the nuclear industry under the management of ARMZ, all uranium mining enterprises in Russia, as well as a number of joint ventures in the CIS countries and non-CIS countries, were consolidated.

OJSC Atomredmetzoloto completed the consolidation of shares of Russian uranium mining enterprises: 78.61% of shares of OJSC PIMCU (Krasnokamensk, Trans-Baikal Territory), 99.999% of shares of OJSC Khiagda (Republic of Buryatia, Bauntovsky district, Bagdarin) and 97.85% of shares of CJSC Dalur (Kurgan region, Uksyanskoye village) were included in the authorized capital of OJSC Metoledoto as its additional shares.

August 2008 - The GKZ protects the Khiagdinskoye reserves estimate report (detailed exploration). Exploration started at the Khokhlovskoye field.

The construction of the 2nd stage of the processing plant PIMCU was completed.

On August 29, 2008, festive anniversary events were held dedicated to the 40th anniversary of the formation of the Priargunsky Orders of Lenin and the Red Banner of Labor of the Industrial Mining and Chemical Association.

September 2008 - JSC Atomredmetzoloto participated in the 33rd Annual Symposium of the World Nuclear Association (WNA).

JSC Atomredmetzoloto and the Korea Consortium signed a Memorandum of Understanding for strategic cooperation in the development of uranium deposits.

October 2008 - October 3, JSC Atomredmetzoloto became the mining company of the year according to the Mainex forum participants.

The construction of a bridge across the Vitim River has begun as part of the construction of the uranium mining enterprise Khiagda OJSC.

November 2008 - Within the framework of the International Forum "World Experience and Economy of Russia," JSC Atomredmetzoloto was awarded an honorary diploma "Enterprise of High Organization of Financial Activities - 2008."

JSC Atomredmetzoloto together with the Ministry of Natural Resources of Russia held the second international symposium "Uranium - Resources, Production."

December 2008 - Projects have been developed for geological exploration at 9 uranium fields.

2009

January 2009 - The shareholders of JSC Atomredmetzoloto decided to increase the authorized capital of the company by placing additional shares of companies in favor of Rosatom State Corporation. The Supervisory Board of ROSATOM has decided to participate in JSC Atomredmetzoloto.

Purchase of uranium mining assets in Kazakhstan

March 2009 - Approved by the authorized state bodies of the Republic of Kazakhstan and completed a transaction to acquire JSC Atomredmetzoloto 100% of the shares of Effective Energy N.V. (Netherlands), which owns uranium mining assets in Kazakhstan.

Chairman of the Government of the Russian Federation V.V. Putin Rasporyazheniyem of 10.03.2009 No. 302-r approved the passport of the comprehensive investment project "Development of project documentation for the implementation of the investment project" Integrated Development of Southern Yakutia. "

June 2009 - ARMZ Uranium Holding announced the acquisition of a substantial stake in Uranium One Inc., a Canadian company.

During the implementation of the transport infrastructure development program of JSC Khiagda, the construction of a bridge across the Vitim River was completed.

OJSC PIMCU completed the construction of a sulphuric acid plant with a capacity of 180 thousand tons per year.

Rosatom acquires control at Atomredmetzoloto

July 2009 - Chairman of the Government of the Russian Federation V.V. Putin signed Decree No. 909-r of July 11, 2009 on the provision of subsidies from the federal budget to Rosatom State Corporation in the form of a property contribution of the Russian Federation in the amount of 50 billion rubles for the purchase of shares of JSC Atomredmetzoloto.

During the additional issue of JSC Atomredmetzoloto, the first tranche of funds was received from Rosatom State Corporation in the amount of 16.898 billion rubles, transferred as part of the implementation of the order of the Government of the Russian Federation on the provision of subsidies. Rosatom State Corporation became the owner of a controlling stake in JSC Atomredmetzoloto (51.83%).

August 2009 - ARMZ Uranium Holding started development of the Itman placer of Lukoyanovskoye titanium-zirconium sand deposit.

An intergovernmental agreement was signed between Russia and Mongolia on the creation of a joint venture for uranium mining.

October 2009 - At the fifth Russian mining forum MINEX 2009, held in Moscow from September 30 to October 2, ARMZ Uranium Holding Holding was recognized as Investor of the Year for an asset exchange deal with the Canadian company Uranium One.

ARMZ Uranium Holding Holding (JSC Atomredmetzoloto) has published the consolidated statements for IFRS 2008 and the Independent Auditor's Report prepared by BDO Unicon.

November 2009 - An asset swap deal with Canadian company Uranium One is approved by the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan.

December 2009 - Public hearings of the Declaration of Intent for the development of the Lunnoye field were held in the city of Aldan (Sakha Republic (Yakutia)). The project received full approval from local residents and industrial and environmental safety oversight authorities.

The asset swap deal with Canadian company Uranium One is approved by Australia's Foreign Investment Committee.

ARMZ Uranium Holding and Canadian company Uranium One Inc. have closed a deal to exchange ARMZ (JSC Atomredmetzoloto) owned by Uranium Holding 50% of Karatau LLP for a stake in Uranium One Inc. As a result, JSC Atomredmetzoloto became the owner of 19.9% of Uranium One Inc.

Hearings on the Berezovoye field development project were held in the Trans-Baikal Territory.

2010: Buying 51% from Canada's Uranium One

In 2010, Atomredmetzoloto became the owner of 51.4% of the shares of the public Canadian uranium mining company Uranium One Inc.

2011:100% takeover of Australia's Mantra Resources Pty

In 2011, ARMZ Uranium Holding acquired a 100% stake in Australian public company Mantra Resources Pty Limited, developing the Mkuju River project in the United Republic of Tanzania.

2012

Obtaining 99.5% of the "First Mining Company"

In 2012, ARMZ Uranium Holding Holding became the owner of a 99.5% stake in CJSC First Mining Company.

Corporate with Patricia Kaas

The management of the Russian company JSC Atomredmetzoloto (ARMZ uranium holding), one of the world's largest uranium mining and reserves, was reprimanded for unreasonable expenses at the New Year's corporate party, where French singer Patricia Kaas was invited.

This was announced on his page Facebook in the Deputy Prime Minister. Russia Dmitry Rogozin

"After the release of the New Year's plot on the Dozhd t/c on the purchase by the ARMZ uranium holding of services for holding a corporate event, including with the speech of Patricia Kaas, the state corporation Rosatom conducted an internal audit on my behalf," the Deputy Prime Minister wrote.

As a result of the audit, it turned out that the company, together with the New Year, celebrated the 20th anniversary of the formation of the company, which, "nevertheless, cannot be the basis for such unreasonable expenses as inviting a foreign pop star," Rogozin explained.

"In this regard, the heads of ARMZ OJSC reimbursed these costs from personal funds: the money was deposited at the company's cash desk," Rogozin wrote.

According to him, the acting president of the company (probably we are talking about Tigran Khachaturov) "was reprimanded for improper performance of his labor duties in terms of effective and reasonable spending of funds," the procurement director was dismissed. In addition, the head of the selection, training and development department (responsible for the event) was reprimanded.

"In order to avoid a repetition of the situation, Rosatom issued an order on mandatory coordination with the state corporation of any corporate events by subsidiaries, including justifying the need to conduct and approving the spending limit," Rogozin said.

Production for the year 7572.2 tons of uranium

In 2012, the holding produced 7572.2 tons of uranium at enterprises in Russia and abroad.

2013

Consolidation of 100% of Uranium One shares

Logo in 2019

In 2013, ARMZ Uranium Holding Holding, taking into account the situation on the global natural uranium market, carried out a deal to consolidate 100% of Uranium One Inc. In accordance with the terms of the agreement, all ordinary shares of Uranium One Inc., which at that time did not belong to JSC Atomredmetzoloto and affiliates, were acquired. In accordance with the decision of ROSATOM State Corporation, management of foreign assets was transferred to Uranium One Holding N.V.

Since December 2013, Russian uranium mining assets have been concentrated under the management of JSC Atomredmetzoloto.

Annual production of 8220.5 tons of uranium

In 2013, it produced 8220.5 tons of uranium at enterprises in Russia and abroad.

As of 2013, the holding's enterprises employ more than 10,000 people.

2014

Atomenergoprom - owner of 81.370% of Atomredmetzolot shares

As of July 2014, 81.370% of the shares of JSC Atomredmetzoloto belong to JSC Atomenergoprom.

As of July 2014, the company is implementing a number of uranium and non-uranium projects that are at various stages of development from geological exploration to intensive industrial operation.

Membership in organizations

As of July 2014, JSC Atomredmetzoloto is a member of the World Nuclear Association.

Management

As of July 2014:

• Lokshin Aleksandr Markovich, Chairman of the Board of Directors
• Vladimir Nikolaevich Verkhovtsev, General Director

2024: Renaming to Rosatom Nedra

Rosatom has agreed with the Government of the Russian Federation to rename 21 companies that are part of the state corporation's management loop in such a way as to include the words "Russian Federation," "Russia" or their derivatives in their names. The corresponding order of the Cabinet of Ministers (of 22.01.2024 No. 109-r) was published on the official portal of legal information on January 23, 2024. According to the list approved by the order, JSC Atomredmetzoloto received the name Rosatom Nedra JSC.