JSC National Atomic Company “Kazatomprom” (“Kazatomprom”, “KAP” or “the Company”) announces that it has entered into a definitive commercial agreement for the supply of natural uranium (“the Agreement”) with Dioxitek S.A. (Dioxitek) of Argentina.
In February 2020, Kazatomprom was successful in winning Dioxitek’s public tender to supply natural uranium concentrate for the needs of the Argentinian nuclear power industry. This agreement emphasizes the geographic diversity of the Company’s contract portfolio, and strengthens the Company’s presence in South America. It also marks the renewal of cooperation between the Republic of Kazakhstan and Argentina, and it is indicative of the Company’s strong reputation as the supplier of choice to the global nuclear fuel market.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, Director of Investor and Public Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Torgyn Mukayeva, Deputy Director of Investor and Public Relations
Tel: +7 (8) 7172 45 80 63
A copy of this announcement will be made available at www.kazatomprom.kz.
Kazatomprom is the world's largest producer of uranium, with the company’s attributable production representing approximately 24% of global primary uranium production in 2019. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 24 deposits grouped into 13 mining assets. All of the Company’s mining operations are located in Kazakhstan and mined using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).
For more information, please see our website at http://www.kazatomprom.kz
About Dioxitek S.A.
Dioxitek S.A. is involved in the procurement and manufacturing of nuclear fuel for reactors in Argentina. As one of the country’s national companies, it is owned by the Argentinian Ministry of Energy, National Atomic Energy Commission, and the Government of the Province of Mendoza.
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