September 1, 2015. As part of the state visit of the President of the Republic of Kazakhstan Nursultan Nazarbayev to the People’s Republic of China, Mr. Askar Zhumagaliyev, Chief Executive Officer of “NAC “Kazatomprom” JSC and Mr. Liu Chunsheng, President of CNEIC (China Nuclear Energy Industry Corporation) signed an Agreement on procurement of temporary storage services of natural uranium concentrates in China and transportation to North America.
The Agreement provides for temporary storage of goods and its transit through China to the western ports of the USA and Canada. Kazakhstan-Chinese cooperation will enable to diversify supply routes of Kazatomprom’s uranium products on the world market.
During the visit to the PRC, the head of the national company of Kazakhstan Askar Zhumagaliyev met with Mr. Qian Zhimin, General Manager of China National Nuclear Corporation (CNNC). The parties have discussed a number of issues of further development of mutually beneficial cooperation in peaceful uses of nuclear power.
“NAC “Kazatomprom” JSC and CNNC have a long story of cooperation. China National Nuclear Corporation is one of the largest companies with full nuclear fuel cycle. CNNC Group includes 110 subsidiaries, with 100 thousand employees. Corporation operates 6 NPP with 12 power units, with a total capacity of 9800 MW.
CNEIC is a subsidiary of CNNC, exporting and importing NFC products.