Rosatom and Seligdar sign nuclear power supply agreement for Kyuchus gold deposit


At Expo 2020 Dubai, which hosted the Russian Day of Small Modular Reactor Nuclear Power Plants on January 20, 2022, Rusatom Overseas JSC (a Rosatom) and PJSC Seligdar have signed an agreement on the supply and consumption of energy produced by a small modular reactor nuclear power plant (SMR NPP) to develop the gold deposit of Kyuchus in the districts of Ust-Yanskiy and Verkhoyanskiy of the Republic of Sakha (Yakutia).

The agreement signed by Evgeny Pakermanov, Chairman of Rusatom Overseas, and Sergey Ryzhov, Chairman of the Board of Directors of PJSC Seligdar, sets a 40-year period of power supply from the world’s first SMR land-based nuclear power plant with a Reactor RITM-200N, from June 30, 2028.

The period of use of nuclear energy can be extended due to a high probability of increasing the reserves of the deposit. The parties intend to sign a power supply contract before September 30, 2025. Seligdar PJSC will use at least 35 MW of nuclear-generated electric power in the Kyuchus field project, which is one of the largest gold deposits in Russia with gold reserves exceeding 175 t.

Evgeny Pakermanov, President of Rusatom Overseas, comments:

“The world’s first SMR nuclear power plant construction project is in the active stage of development; having a guaranteed industrial supplier of SMR NPP energy at this early stage is undoubtedly an important factor in the commercial success of the project.

Sergey Ryzhov, Chairman of the Board of Seligdar PJSC, comments:

“The development of the Kyuchus deposit is a historic project not only for PJSC Seligdar, but for the development of the entire Russian Arctic region in general. I am confident that such a reliable power source as an SMR nuclear power plant will contribute to the success of the project for many years to come.

The construction of a planned Russian-designed SMR nuclear power plant in Yakutia will use the most advanced reactor power plant RITM-200, which incorporates many years of experience in operating small reactors on ships of the Russian breaker fleet. ice (more than 400 reactor-years). Six RITM reactors have already been manufactured and installed on the last three general-purpose icebreakers.

SMR’s land-based nuclear power plant is designed to supply electricity to isolated energy networks or remote territories and consumers. It features a compact and modular design, reduced construction time and high safety standards.

The construction of the plant will ensure an uninterrupted supply of clean energy to the Kyuchus gold deposit, which is one of the largest in Russia. Gold reserves that can be mined in the open pit include 70.9 t of C1 reserves and 38.4 t of C2 reserves that can be mined underground – 65.9 t of C2 reserves; resources – 41.9 t of P1 resources and 211.1 t of P2 resources.

The commissioning of the SMR nuclear power plant is planned for 2028 in the city of Ust-Kuiga of the Ust-Yanskiy district of the Republic of Sakha (Yakutia).

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