National Atomic Company Kazatomprom has signed a contract for the supply of Kazakh natural uranium concentrate with China National Uranium Corporation Limited – CNUC (a subsidiary of China National Nuclear Corporation – CNNC), the company’s press service reports.
This contract with a Chinese energy company will help meet China’s growing need for clean, carbon-free electricity and strengthen the historically long-standing nuclear relationship between the two countries.
“Kazatomprom’s market-driven strategy aims to produce, process and sell natural uranium concentrates to create long-term value for all stakeholders. Close cooperation with one of the large Chinese energy companies, like CNUC, testifies to Kazatomprom’s strong reputation as a reliable and preferred supplier in the global nuclear fuel market,” added Seitzhan ZHANYBEKOV, Managing Director for Strategy and Marketing of NAC Kazatomprom JSC .
