ARMZ Uranium Holding Company also includes companies currently being designed – JSC The First Ore Mining Company JSC Elkon MMP, JSC Lunnoye, Gornoe UMC.
A significant contribution to the holding business is made by subsidiaries – ARMZ Service LLC, JSC RUSBURMASH and JSC VNIPIpromtechnologii.
ARMZ’s primary business is the production of natural uranium.
ARMZ’s stable positions in the uranium market are secured by strong demand for products from the Russian nuclear industry, diversified mineral resources and production base and systematic work to improve business efficiency. It is further reinforced by the positive outlook on nuclear energy on a global scale: its development will contribute to the growth of demand for uranium in the medium and long term.
The company is also actively developing its non-uranium business lines (both those related to maintenance of core activities and new ones). Service activities include production of thermal and electrical energy, sulfuric acid, mining equipment (Priargunsky Industrial Mining and Chemical Union, PJSC), drilling and geological exploration support (JSC RUSBURMASH), and engineering and scientific research (JSC VNIPIpromtechnologii). Consumers of these products and services are companies of the mining division, other organizations of Rosatom State Corporation, and external partners