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Kazatomprom, SEAS sign MoU to boost nuclear energy cooperation

Posted on July 14, 2025July 14, 2025
Kazatomprom SEAS nuclear agreement
Kazatomprom will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan’s uranium mines.

ASTANA: National Atomic Company Kazatomprom JSC announced Monday it has signed a Memorandum of Understanding with Slovenské elektrárne a.s. (SEAS), Slovakia’s largest electricity producer, to explore long-term cooperation in the nuclear energy sector.

The agreement marks the first formal collaboration between the two companies and outlines plans for potential supply of natural uranium concentrate and uranium dioxide (UO₂) to Slovak nuclear power plants. SEAS operates two nuclear facilities—Bohunice and Mochovce—with five VVER-440 reactors, generating more than 70% of Slovakia’s electricity.

Kazatomprom CEO Meirzhan Yussupov said the memorandum represents “an important step towards strengthening cooperation with our European partners,” adding that nuclear energy is vital to Slovakia’s sustainable energy future.

SEAS CEO Branislav Strycek highlighted the strategic importance of diversifying nuclear fuel sources and expressed optimism about the long-term partnership with Kazatomprom, the world’s largest producer of natural uranium.

The MoU also opens the door to broader collaboration in nuclear energy, reinforcing Kazatomprom’s commitment to expanding its presence in the European market.

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