Kazatomprom, a prominent player in the uranium industry, has revealed its plans to increase uranium exports by utilizing the Middle Corridor. In a recent interview published on the Bloor Street Capital YouTube channel on September 15th, Kosherbayev, a representative of Kazatomprom, discussed the company’s operational performance, forecasted expectations, and the logistics routes involved.
Kosherbayev mentioned that a significant volume of uranium is currently being transported through the Trans-Caspian International Transport Route (TITR). While there may be certain implications related to infrastructural limitations, he assured that all expected deliveries through this route will be fulfilled in accordance with the agreed terms.
During a symposium, Kazatomprom representatives provided an update on the progress of TITR shipments. The company reported that from January to June, 58% of all uranium shipments from Kazakhstan to Western countries were conducted via TITR. It is projected that by the end of the year, the proportion of TITR shipments in Kazatomprom’s overall uranium deliveries to Western countries will rise to 71%.