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…
Tag: Kazatomprom
Kazatomprom provides update on situation in Kazakhstan
NUR-SULTAN, KAZAKHSTAN: JSC National Atomic Company (Kazatomprom) provides the following update on the status of its business and operations following the recent period of unrest in Kazakhstan. “Today, after these tragic events, our country is going through a difficult time. I am sure that with the joint efforts of our state, businesses and citizens all…
Kazatomprom announces investment in Physical Uranium Fund
LONDON: Board of JSC National Atomic Company (Kazatomprom) has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd., established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term investment with its initial purchases financed through the founders’ round investment totaling US$50 million, sourced…
Kazatomprom joins IAEA Group of Vienna
LONDON, UK: JSC National Atomic Company Kazatomprom, represented by Chief Executive Officer, Mazhit Sharipov, joined Kazakhstan’s national delegation in attending the International Atomic Energy Agency’s (IAEA) 65th annual General Conference, held in Vienna from 20 September 2021 through 24 September 2021. The cornerstone event for the global nuclear community invited presentations, debates and discussions covering…
Kazatomprom announces appointment of CEO and management changes
LONDON, UK: JSC National Atomic Company (Kazatomprom) announced the appointment of Mr. Mazhit Sharipov as chief executive officer (CEO) and Chair of Kazatomprom’s Management Board. Mr. Sharipov, who has been with the Company since 2015 as Managing Director of the Nuclear Fuel Cycle, and as Chief Nuclear Fuel Cycle Officer (CNFCO) since 01 January 2021…
Kazatomprom announces departure of CEO
LONDON, UK: JSC National Atomic Company (Kazatomprom) announced that Galymzhan Pirmatov, the Company’s Chief Executive Officer (CEO), will be departing from his role effective 2 September 2021 to pursue another opportunity. Mr. Mazhit Sharipov, who is currently Kazatomprom’s Chief Nuclear Fuel Cycle Officer, will be appointed as acting CEO. “On behalf of Samruk-Kazyna, I would…
Kazatomprom appoints Aliya Akzholova as Chief Operating Officer
LONDON: JSC National Atomic Company (Kazatomprom) announced the following change to the Company’s senior management team. Chief Operating Officer (COO): Dauren Kunanbayev resigned from his position as COO effective 04 March 2021, and has chosen to leave the Company to pursue other interests. The Company thanks Mr. Kunanbayev for his many contributions in various management…
JSC National Atomic Company Kazatomprom announces changes to senior management
NUR-SULTAN, KAZAKHSTAN: JSC National Atomic Company “Kazatomprom” announced planned changes to the Company’s senior management team, subject to final internal and Board of Director approvals, as per corporate governance procedures. Chief Financial Officer (“CFO”) Meirzhan Yussupov has resigned from his role of CFO and Member of the Executive Board, as he was appointed as a…
Kazatomprom to flex down uranium production by 20% through 2022
LONDON, UK: JSC National Atomic Company (Kazatomprom) announced its intention to continue flexing down production by 20% through 2022, compared to the planned levels under Subsoil Use Contracts. The Company is also maintaining its 20% reduction against Subsoil Use Contracts in 2021, with no additional production planned to replace volumes lost in 2020, which was…
Kazatomprom signs uranium supply contract with Dioxitek
NUR-SULTAN, KAZAKHSTAN: JSC National Atomic Company “Kazatomprom” (Kazatomprom) announced that it has entered into a definitive commercial agreement for the supply of natural uranium with Dioxitek S.A. of Argentina. In February 2020, Kazatomprom was successful in winning Dioxitek’s public tender to supply natural uranium concentrate for the needs of the Argentinian nuclear power industry. This…
Kazatomprom provides operations and trading update for the first quarter of 2020
ASTANA: JSC National Atomic Company (Kazatomprom) has announced operations and trading update for the first quarter ended 31 March 2020. This update provides a summary of recent developments in the uranium industry, as well as provisional information related to the Company’s key first quarter operating and trading results and a 2020 guidance update. The information…
Kazatomprom announces extension of production cuts
LONDON: JSC National Atomic Company (Kazatomprom) has announced its intention to continue to flex down production by 20% through 2021, compared to the planned levels under Subsoil Use Contracts, a release issued to London Stock Exchange noted. The Company will now begin working with joint venture partners to assess the impact and implement the plan…