Kazakhstan is actively working to increase the supply of Kazakh natural uranium to American energy firms, stated Almasadam Satkaliyev, Kazakhstan’s Minister of Energy, during a meeting with US Senator Steve Daines in Astana.
“As noted by A. Satkaliyev, there is active effort to enhance the share of natural uranium supply to American energy companies,” the ministry’s press service reported after the meeting, without specifying the potential increase in shipments.
According to the head of the Ministry of Energy, there are existing contracts for uranium deliveries until 2032 with American companies, “such as Southern Company, Constellation, Duke Energy, and others.”
Kazakhstan is the world’s largest uranium producer, accounting for 22% of global production. In 2022, the national company “Kazatomprom” sold uranium to over 24 buyers in 11 countries. The primary buyer of Kazakh uranium is China.
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