Inkai is a uranium mine

Uranium mining

Uranium mining is the process of extraction of uranium ore from the ground. The worldwide production of uranium in 2009 amounted to 50,572 tonnes, of which 27% was mined in Kazakhstan. Kazakhstan, Canada, and Australia are the top three producers and together account for 63% of world uranium...

 located in Kazakhstan

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

. Commercial production commenced in 2009.

Inkai is a roll-front uranium deposit discovered in 1976. Uranium

Uranium

Uranium is a silvery-white metallic chemical element in the actinide series of the periodic table, with atomic number 92. It is assigned the chemical symbol U. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons...

 will be recovered using In-Situ Recovery (ISR)

In-situ leach

In-situ leaching , also called in-situ recovery or solution mining, is a mining process used to recover minerals such as copper and uranium through boreholes drilled into a deposit, in situ....

 mining methods.

Reserves

As of December 31, 2009, proven and probable reserves are 89,477,000 tonnes at an average grade of 0.07% U₃O₈. (134.7 Million pounds U₃O₈)

Ownership

Inkai is owned and operated by Joint Venture Inkai (JVI), which is owned by Cameco Corporation

Cameco

Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. In 2009, it was the world's second largest uranium producer, accounting for 16% of world production.-History:...

(60%) and KazAtomProm

Kazatomprom

Kazatomprom is a state-owned nuclear holding company in Kazakhstan, which operates in the field of Uranium and nuclear fuel cycle services, production of Beryllium, Tantalum and Niobium, and power production...

(40%)