Tag: Nurlan Zhakupov

  • Kazakhstan Expands Uranium Exports to Bulgaria’s Nuclear Industry

    Kazakhstan Expands Uranium Exports to Bulgaria’s Nuclear Industry

    Kazakhstan is set to supply uranium to Bulgaria’s nuclear power stations, according to Nurlan Zhakupov, the head of the Samruk-Kazyna Fund, who spoke to journalists at the Akorda presidential residence.

    Bulgaria operates a nuclear power plant with two 1,2 MW units, presenting a significant opportunity for cooperation in uranium supplies, Zhakupov explained. However, details regarding the volume of supplies remain confidential.

    Zhakupov also revealed that Kazakhstan Atomic Energy Stations (KAES), currently a subsidiary of Samruk-Kazyna, will transition to the newly established Agency for Atomic Energy. KAES will focus on the construction of nuclear power plants within Kazakhstan.

    Earlier reports indicated that Kazatomprom would supply uranium concentrate to the Czech Republic. This deal aligns with Kazatomprom’s global strategy to diversify its sales channels.

    Last year, Kazatomprom produced over 23,000 tonnes of uranium. Since 2022, Kazakhstan has been supplying uranium fuel to China’s nuclear power plants and, in December, completed a uranium shipment to Canada via the Trans-Caspian International Transport Route.

    In February of this year, Kazakhstan agreed to collaborate in the uranium sector with Jordan and to supply uranium to Switzerland.

  • Kazakhstan Becomes Leader in Uranium Production in 2022

    Kazakhstan Becomes Leader in Uranium Production in 2022

    Samruk Kazyna Chairman Nurlan Zhakupov instructed to increase investment in exploration as he visited the Khorasan-U and Baiken-U companies of Kazatomprom.

    He discussed current reserves with colleagues and urged them to invest in further exploration of deposits.

    “We have reserves that need to be developed,” he wrote on his Twitter account.

    Kazatomprom is the world’s largest uranium producer, with its subsidiaries, affiliates, and joint ventures developing 26 deposits united into 14 uranium mining enterprises.