National Atomic Company Kazatomprom announces 2022 production plans

19.08.20 16:05
/KASE, August 19, 2020/ – National Atomic Company Kazatomprom (Nur-Sultan), whose securities are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated August 19, 2020: quote JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announced today 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 due to the measures taken to combat COVID-19. Kazatomprom will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan’s uranium mines. unquote Full version of the press release is available on the KASE website – [2020-08-19]