Joint Venture Akbastau JSC was founded on November 3, 2006.

Shareholders: NAC Kazatomprom JSC and Uranium One Amsterdam B.V.

The main activity of JV Akbastau JSC is the operation of sites Nos. 1, 3 and 4 of Budyonnovskoe uranium deposit, located in South Kazakhstan region. Uranium is mined through the in-situ leaching method.