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| Industry | Uranium mining |
|---|---|
| Founded | 1992 |
| Headquarters | Moscow, Russia |
| Key people | Vadim Zhivov (Chairman) |
| Parent | Atomenergoprom |
| Website | www.armz.ru |
ARMZ Uranium Holding Co. (AtomRedMetZoloto) is a Russian uranium mining company. It is wholly owned by Atomenergoprom, a part of Rosatom.[1][2]
AtomRedMetZoloto was founded in 1992. In 2008, all uranium mines in Russia as also uranium mining related assets in other countries owned by Rosatom subsidiaries were brought under ARMZ Uranium Holding Co.
ARMZ Uranium Holding Co. mines uranium in Russia and Kazakhstan. New operations involve Armenia, Namibia and Canada.[2][3] In June 2009, ARMZ Uranium Holding Co. acquired 16.6% of shares in the Canadian uranium mining company Uranium One in exchange of 50% in Karetau uranium mining project, a joint venture with Kazatomprom.[4]
In December 2010, ARMZ agreed to buy Mantra Resources for US$1.15 billion.[5]
References [link]
- ^ "Russian corporate fusion continues". World Nuclear News. 2007-11-14. https://www.world-nuclear-news.org/newsarticle.aspx?id=14386. Retrieved 2009-06-24.
- ^ a b "Russia signs up with Armenia, Namibia next". World Nuclear News. 2008-04-22. https://www.world-nuclear-news.org/newsarticle.aspx?id=17378. Retrieved 2009-06-24.
- ^ "ARMZ links with Areva, plans new U plant". World Nuclear News. 2008-07-22. https://www.world-nuclear-news.org/newsarticle.aspx?id=19034. Retrieved 2009-06-24.
- ^ "Kazakh tie-in for Uranium One and ARMZ". World Nuclear News. 2009-06-15. https://www.world-nuclear-news.org/newsarticle.aspx?id=25418&terms=ARMZ+. Retrieved 2009-06-24.
- ^ "Mining Journal - ARMZ makes A$1.16bn offer for Mantra". 2010-12-17. https://www.mining-journal.com/finance/armz-makes-a$1.16bn-offer-for-mantra. Retrieved 2010-12-17.
External links [link]
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