Rosatom Nedra AO (Russia)

ARMZ Uranium Holding Co. (JSC Atomredmetzoloto) is one of the leaders in the world uranium mining industry. It is among top five uranium mining companies by uranium output and ranks second by resource base (726,500 tons as of January 1, 2011). ARMZ is the primary supplier of uranium feedstock to the Russian nuclear industry and in 2010 it produced 5173,4 tons of uranium at facilities in Russia and Kazakhstan. JSC "Atomenergoprom" controls 79,49 % of Atomredmetzoloto’s shares. ARMZ together with its affiliates and subsidiaries employs over 10,000 people. Today, ARMZ Uranium Holding Co. is the successor to the world’s largest uranium production complex built by the Soviet Union. In 2008, all uranium mining companies in Russia, as well as a number of uranium joint ventures in the CIS and abroad, were brought together under ARMZ, after the restructuring of Russia’s nuclear industry had been completed. In 2010, JSC Atomredmetzoloto acquired 51.4% of shares of Uranium One, Inc., a public Canadian uranium mining company.