Uranium One is an international group of companies, part of TENEX (an organization of ROSATOM), and one of the world’s largest uranium producers with a diverse portfolio of assets worldwide, including in Kazakhstan, Tanzania, Namibia, etc.
Aiming at developing the foreign mineral reserve base, Uranium One executes promising non-uranium projects, incl. extraction of nonferrous metals, rare and rare earth elements (lithium, cobalt, etc.).
Uranium One actively develops new business activities in the area of low-carbon energy and renewables, incl. biofuel supplies.
As a socially responsible company, Uranium One is committed to the highest environmental standards, health and safety of its employees, and long-term sustainability of the diverse communities across the globe, in which it operates.
Uranium One and ROSATOM
U1 and ROSATOM
Uranium One is included in the management network of TENEX (an organization of ROSATOM). Uranium One is responsible for ROSATOM’s uranium production outside the Russian Federation and is the world’s fourth-largest uranium producer.
ROSATOM, a world leader in nuclear technologies, provides cutting-edge industry solutions and comprehensive nuclear services that range from uranium mining, enrichment and fuel fabrication to nuclear power generation and waste treatment.
ROSATOM is the only company in the world providing an integrated offering to international customers. This includes not only the construction of nuclear power plants (NPP’s), but also the development of nuclear infrastructure, the provision of nuclear project funding solutions, local personnel training, equipment production localization, guaranteed fuel supplies for the entire life-cycle of an NPP, maintenance, spent nuclear fuel reprocessing and management and comprehensive solutions for the decommissioning of an NPP. ROSATOM ensures long-term sustainable national nuclear system development and provides custom solutions for newcomers to the nuclear power industry.
Uranium One acquires UrAsia Energy Ltd. and a 70 percent stake in the Akdala and South Inkai uranium mines and a 30 percent in the Kyzylkum uranium mine in Kazakhstan.
Uranium One Inc. acquires the Willow Creek uranium mine and related properties in Wyoming, USA. Uranium One Inc. also acquires a 50 percent interest in the Akbastau uranium mine and a 49.67 percent interest in the Zarechnoye mine in Kazakhstan.
Uranium One Inc. becomes the operator of the Mkuju River Project in Tanzania and acquires a minority interest.
Uranium One shareholders approve a transaction to take the company private and Uranium One Inc. becomes a wholly-owned indirect subsidiary of ROSATOM.
Uranium One Holding N.V., a Netherlands-based company, is established as a platform for the development of the international uranium assets of ROSATOM.
Moscow-based Uranium One Group is set up to become a strategic center for consolidating expertise in uranium mining and supporting further development of Uranium One as a global uranium market leader.
Uranium One launches unified branding and a group-wide global communications platform to help expand opportunities in the uranium sector and develop new markets.
Uranium One is committed to the highest standards of corporate governance. This commitment is reflected in the company’s Code of Business Conduct and Ethics, Whistleblower Policy and Anti-Corruption Policy, as well as in the charters of its Board of Directors and the Committees of the Board. All directors, officers and employees of Uranium One, its subsidiaries and controlled entities are subject to the Code, the Whistleblower Policy and the Anti-Corruption Policy. They are required to be familiar with their terms and are required to take all reasonable steps to ensure compliance. The code, the policies and the charters are reviewed and updated regularly by the Board of Directors, with a view toward keeping pace with evolving rules, regulations and corporate governance practices.
More detailed information about Uranium One Inc. corporate governance policies and practices is contained in the following documents:
Policies and Procedures
- Anti-Corruption Policy
- Code of Business Conduct and Ethics
- Safety, Health and Environment Policy
- Whistleblower Reporting Procedure U1H