/KASE, November 12, 2021/ – NAC Kazatomprom (Nur-Sultan), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated November 12, 2021:
quote
JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company")
announces that the Company, represented by its Chief Commercial Officer, Askar
Batyrbayev, participated virtually in the China International Import Expo 2021,
held in Shanghai, China from 05–12 November 2021. During the Expo, Kazatomprom
concluded two term contracts for the supply of Kazakhstani natural uranium
concentrates: one with China National Uranium Company Limited, and a second with
State Nuclear Uranium Resources Development Company Limited. The quantities and
specific contract terms cannot be disclosed due to confidentiality and commercial
sensitivity.
The conclusion of these contracts with major Chinese energy companies will
contribute to meeting China’s growing need for clean, carbon-free electricity,
while strengthening the historic, long-term relationship between the two
countries in the nuclear industry. Kazatomprom’s market-centric strategy
optimizes production, processing and sales for long-term stakeholder value
creation, and the ongoing cooperation with Chinese nuclear enterprises
highlights the Company's strong reputation as the supplier of choice to the
global nuclear fuel market.
unquote
The full press release is available on KASE website –
https://kase.kz/files/emitters/KZAP/kzap_reliz_121121_1.pdf
[2021-11-12]