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September 01, 2015 4:59 PM ET

Metals and Mining

Company Overview of Uranium Corporation of India Ltd.

Company Overview

Uranium Corporation of India, Ltd. researches, processes, develops, and produces uranium. It operates mines. The company was founded in 1967 and is based in East Singhbhum, India.

Jaduguda Mines

East Singhbhum,  832102


Founded in 1967


91 65 7273 0122


91 65 7273 0322

Key Executives for Uranium Corporation of India Ltd.

Chairman of The Board and Managing Director
Director of Finance and Director
Deputy General Manager of Accounts
Director of Technical, Director and Member of Audit Committee
Compensation as of Fiscal Year 2015.

Uranium Corporation of India Ltd. Key Developments

Uranium Corp Seeks Acquisitions

Uranium Corporation of India Ltd. is considering picking up stakes in foreign uranium mining companies. D Acharya, Chairman of Uranium Corporation, said the company was looking at buying stakes in uranium mines located in Canada, Australia, Malaysia and Africa.

Uranium Corporation of India Announces Suspension of Jadugoda Mining Activity

Uranium Corporation of India's announced suspension of Jadugoda mining activity. The closure affects around 1,000 workmen directly while thousands others earning their livelihood in Jadugoda township would be affected indirectly. Spread around Jadugoda township, 20 km from here, UCIL has seven working mines and two processing plants, the processing units being the PSU's only ones in the country which transform uranium ore into magnesium diuranate, commonly known as yellow cake, which contains 70-74% uranium, which is shipped once a month by road under special security cover to the Nuclear Fuel Complex at Hyderabad for getting uranium sticks which go into nuclear power plants as fuel. The 1,312-acre Jadugoda mine, up for a second lease renewal since September 2006 when it was applied for by the corporation after the first 20-year lease expired in October 1987, contributes around one-fourth of UCIL's total magnesium diuranate production at all its mines here.

Uranium Corporation of India Ceases Mining Operations in Jharkhand, India

Uranium Corporation of India has ceased mining operations at Jadugora in the state of Jharkhand. The move comes after an order from the ministry ministry in July. Following a Supreme Court order on amendment of mineral concession rules, the Indian government ordered corporate entities to suspend mining under deemed extension.

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