ASTANA, Kazakhstan, March 18. Kazakhstan’s
nationwide nuclear firm Kazatomprom is engaged on concluding a
long-term contract to provide pure uranium concentrates to India,
Chairman of the Administration Board Meirzhan Yussupov mentioned throughout a
assembly with President Kassym-Jomart Tokayev, Pattern studies by way of the
presidential press service.
In the midst of the assembly, President Tokayev was briefed on
the corporate’s efficiency in 2025 and its plans for the upcoming
interval.
Based on Yussupov, the whole uranium manufacturing by
Kazatomprom amounted to 25,800 tons within the earlier 12 months, of which
13,500 tons had been attributable to the corporate. Gross sales volumes
elevated by 11%, reaching 18,500 tons.
Yussupov additional famous that the corporate has established a
portfolio of six new potential uranium websites, spanning over 1,000
sq. kilometers. Deliberate investments in exploration are projected
to vary between 75–85 billion tenge (roughly $156–176
million) by 2030.
He additionally emphasised Kazatomprom’s efforts to broaden its market
presence. In 2025, the corporate secured uranium provide contracts
with a number of European power companies, together with Axpo Energy AG
(Switzerland), ČEZ Group (Czech Republic), and Kansai Electrical
Energy Co., Inc. (Japan).
Moreover, the corporate allotted greater than 11 billion tenge
($22.8 million) to the socio-economic growth of
uranium-producing areas, together with 6 billion tenge ($12.4
million) below contractual obligations within the earlier 12 months.
As well as, Yussupov additionally famous that Kazatomprom is
strengthening its concentrate on analysis and innovation. A scientific
and technological growth technique by way of 2034 has been
adopted, geared toward enhancing manufacturing effectivity, decreasing
environmental impression, and introducing superior applied sciences. Since
its IPO in 2018, the corporate’s market capitalization has elevated
greater than sevenfold.
Following the assembly, the president assigned quite a few duties
associated to additional growth of the useful resource base, enlargement of
worldwide cooperation, and implementation of social
initiatives.
