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Kazatomprom has signed memorandums of cooperation in the nuclear industry with French companies

1 December 2022
Kazatomprom has signed memorandums of cooperation in the nuclear industry with French companies

As part of the official visit of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev to France, JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) and French companies signed memorandums of cooperation in the nuclear industry.

CEO of Kazatomprom, Yerzhan Mukanov and President of Orano Mining, Nicolas Maes signed a Memorandum of Understanding and further cooperation in the uranium industry between the two companies.

The parties intend to maintain and strengthen their cooperation in the uranium mining industry, expand cooperation for the implementation of promising projects of mutual interest, and determine an action plan for further development of the partnership between Orano Mining and Kazatomprom as part of long-term strategic relations between France and Kazakhstan.

“The signing of the memorandum is a vivid example of our effective cooperation and testifies to the long-term nature of cooperation between the two companies. We have agreed to further develop our mining joint venture KATCO LLP, as well as expand mutually beneficial cooperation for the implementation of promising projects in the uranium industry.  I am sure that further strengthening of partnership, mutual support and exchange of experience will help our companies to become better and more efficient,” said Yerzhan Mukanov, Kazatomprom’s CEO.  

The head of Kazatomprom and the Executive Director of the International Institute of Nuclear Energy, Karen Daifuku, also signed a Memorandum of Understanding between the two organizations.

The memorandum provides for cooperation in the field of training and advanced training of Kazatomprom’s scientific and production personnel, training of domestic specialists, and   facilitate joint research programs in the field of nuclear energy.   

This cooperation opens up new opportunities for further development of the scientific and technical pool and professional competencies of Kazakh specialists, will allow Kazatomprom's employees and citizens of Kazakhstan to facilitate access to the French education system, including receive double diplomas and academic degrees, undertake scientific internships, on-the-job and technological training with Kazatomprom partners in France.

 

For more information, please contact:

Kazatomprom Investor Relations Inquiries

Botagoz Muldagaliyeva, Director, Investor Relations

Cory Kos, International Adviser, Investor Relations

Tel.: +7 7172 45 81 80 / 69

Email: ir@kazatomprom.kz

Kazatomprom Public Relations and Media Inquiries

Sabina Kumurbekova, Director, Government and Public Relations

Gazhaiyp Kumisbek, Chief Expert, Government and Public Relations

Tel.: +7 7172 45 80 22

Email: pr@kazatomprom.kz

A copy of this announcement is available at www.kazatomprom.kz.

About Kazatomprom

Kazatomprom is the largest uranium producer in the world with natural uranium production in proportion to the Company's participatory interest in the amount of about 24% of the total global primary uranium production in 2021. The group has the largest uranium reserve base in the industry. Kazatomprom, together with subsidiaries, affiliates and joint organizations, is developing 26 deposits combined into 14 uranium-mining enterprises. All uranium mining enterprises are located on the territory of the Republic of Kazakhstan and when mine uranium use in-situ recovery technology, paying particular attention to best HSE practices and means (ISO 45001 and ISO 14001 certified).

Kazatomprom's securities are listed on the London Stock Exchange, the Astana International Exchange and the Kazakhstan Stock Exchange. Kazatomprom is the National Atomic Company of the Republic of Kazakhstan, and the main customers of the group are operators of nuclear generating capacities, and the main export markets for products are China, South and East Asia, North America and Europe. The Group sells uranium and uranium products under long-term and short-term contracts, as well as on the spot market directly from its corporate centre in Astana, Kazakhstan, as well as through a trading subsidiary in Switzerland, Trading House KazakAtom (THK).

For more information, please, visit our website http://www.kazatomprom.kz

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