/KASE, June 26, 2023/ – National Atomic Company Kazatomprom JSC (Astana),
with its securities officially listed on Kazakhstan Stock Exchange (KASE),
provided the KASE with a press release dated June 26, 2023, stating the
following:
beginning of the quote
National Atomic Company Kazatomprom JSC (hereinafter – "Kazatomprom" or
"Company") plans to start developing a new area of the uranium deposit. Subject
to the Code of the Republic of Kazakhstan "Subsoil and Subsoil Use", direct
negotiations were held between Kazatomprom and the Ministry of Energy of the
Republic of Kazakhstan to obtain subsoil use rights for site No. 3 of the Inkai
field.
The subsoil use contract will be signed for a period of 25 years based on design
documents being developed, including a pilot production period. In order to mine
uranium, it is planned to build production facilities at site No. 3 of the Inkai
deposit with a maximum capacity of 4,000 tons of uranium per year.
The Inkai deposit is located in Suzak District of Turkestan Region. Uranium
reserves in site No. 3 of the Inkai deposit make 83.1 k tons.
end of the quote
Full text of the press release is available at
https://kase.kz/files/emitters/KZAP/kzap_relizs_260623.pdf
[2023-06-26]