On April 7, Mazhit Sharipov, Chief Executive Officer and Chair of the Management Board, NAC Kazatomprom JSC met in Nur-Sultan city with French partners - Philippe Knoche, CEO, Orano and Nicolas Maes, CEO, Orano Mining.
During the meeting, the parties discussed the matters of further development of the Joint Kazakh-French Enterprise KATCO JV LLP, which mines uranium using the in-situ recovery method in the northern part of the Site No. 1 (South) and at the Site No. 2 (Tortkuduk) of the Moinkum deposit in the Turkestan region.
Kazatomprom and Orano continue to invest in the social, economic and infrastructure development of the regions where they operate, as well as in improving their employees’ welfare and quality of life.
The meeting participants drew attention to the high potential for further bilateral cooperation and confirmed their interest in long-term collaboration in order to implement joint projects in the nuclear industry.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, International Adviser, Investor Relations
Botagoz Muldagaliyeva, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Gazhaiyp Kumisbek, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 24% of global primary uranium production in 2021. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the Company’s mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please see the Company website at http://www.kazatomprom.kz
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