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Keyword：natural uranium
Kazakhstan's Kazatomprom Says the Era of "Cheap Uranium" Is Fading
Meirzhan Yussupov, CEO of Kazakhstan's national atomic company Kazatomprom, said during a semi-annual financial results conference call that the global uranium market is entering a new supply-demand phase and the era of cheap uranium is fading. The company also disclosed arrangements for natural uranium concentrate trading and the latest updates on the delay of the TQZ sulfuric acid plant project. Yussupov said that 38 countries worldwide have signed commitments to support tripling nuclear power capacity by 2050, with these countries collectively accounting for more than 70% of global GDP. In his view, nuclear energy development has moved beyond policy discussions and entered the stage of actual deployment...
2026-08-25
Kazakhstan's Kazatomprom to Supply Natural Uranium Concentrate to Russian and Chinese Companies
Kazakhstan's National Atomic Company Kazatomprom recently announced on the Astana International Exchange (AIX) that it has reached agreements with Russia's Uranium One and State Nuclear Uranium Resource Development Company (SNURDC) for the sale of natural uranium concentrate (U3O8). Under the relevant arrangements, Kazatomprom plans to deliver a batch of natural uranium concentrate to the Siberian Chemical Combine, with the shipment intended for Uranium One; simultaneously, the company also plans to deliver a batch of natural uranium concentrate to Alashankou Railway Station, intended for SNURDC. Kazatomprom stated that it plans to review the relevant major transactions at an extraordinary general meeting of shareholders to be held in September...
2026-08-22