Limited Liability Partnership "Joint Venture "Southern Mining and Chemical Company" was established in 2014. Ownership interest in the charter capital of the Partnership is shared between JSC "NAC"Kazatomprom "- 30% and "Uranium One Rotterdam B. V." - 70% of the shares.

Its main activity is mining and processing of uranium-containing ores. The partnership runs its production activities in the Akdala and Yuzhny Inkay fields.