/KASE, August 8, 2024/ – NAC Kazatomprom JSC (Astana), whose securities
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press release dated August 6, 2024:
quote
National Atomic Company Kazatomprom JSC ("Kazatomprom" or "the
Company") announces it has signed amendments to subsoil use contracts with
the Ministry of Energy of the Republic of Kazakhstan for two blocks at the Inkai
deposit, which is located in the Suzak district of Turkestan region and is one of
the major uranium deposits in Kazakhstan.
The amendment to the uranium mining contract at Inkai 3 block transfers the
subsoil use right to Kazatomprom-SaUran LLP, a 100%-owned subsidiary of
Kazatomprom. Uranium reserves at Inkai 3 in categories C1+C2 are estimated at
83.1 thousand tonnes.
"The transfer of the subsoil use right is a strategically important decision for our
company aimed at supporting our subsidiary, where two uranium blocks have
already been decommissioned due to the full exhaust of reserves, and one block
is almost depleted. This decision will not only help to stabilise production in the
long term, but also ensure the socio-economic development of the region through
the preservation of jobs and an increase in tax revenues to the state budget,"
said Meirzhan Yussupov, CEO of Kazatomprom.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/KZAP/kzap_relizs_060824_18.pdf
[2024-08-08]