JSC National Atomic Company “Kazatomprom” (“Kazatomprom”) informs that Mazhit Sharipov, Kazatomprom’s Chief Executive Officer and Chair of the Management Board held a meeting with Haruo Matsuzaki, General Manager for CIS, Sumitomo Corporation and Chief Executive Officer, Sumitomo Corporation Central Eurasia (subsidiary of Sumitomo Corporation), in Nur-Sultan.
During the meeting, the parties discussed current issues and further development of the Kazakh-Japanese joint venture APPAK LLP, which mines uranium at the Zapadny (Western) site of the Mynkuduk deposit in the Turkestan region. The participants of the meeting also considered opportunities for expanding mutually beneficial cooperation with the implementation of joint projects in the nuclear industry, confirming their readiness to strengthen bilateral relations.
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
A copy of this announcement will be made available at www.kazatomprom.kz.
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