JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces an additional auction of its non-core solar energy assets, to take place on 12 March 2021. The initial auction held on 12 February 2021 was declared invalid due to a lack of participation at the beginning of the electronic auction, with less than two participants registered.
Kazatomprom’s 100% stakes in the authorized capital of MC KazSilicon LLP, Astana Solar LLP and Kazakhstan Solar Silicon LLP will be sold through the public auction. These non-core assets of the Company are being sold as part of the Comprehensive Privatization Plan for 2021–2025, approved by the Government of the Republic of Kazakhstan.
To participate in the auction, potential buyers must pass the registration procedure on the web portal of the state property register www.e-auction.gosreestr.kz. The first participant who confirms his desire to purchase the asset at the announced price will be the winner.
Astana Solar LLP is a modern plant for photovoltaic module assembly. The enterprise is equipped with a European automated line with a production capacity of 50 MW/year, which may be increased to 100 MW/year. The production line meets the requirements of the production audit, the products are certified and meet international quality standards. The sales market for photovoltaic modules is Kazakhstan, countries of Central Asia, the CIS and Europe. The company as a participant of the special economic zone “Astana - a new city”, has a number of preferences and benefits.
The assets of Astana Solar LLP: a plant with production and storage facilities (9,745.00 sq.m), an engineering support building (664.82 sq.m), a warehouse for temporary storage of end products (2,700 sq. m.), a sports and recreation complex (5,087.20 sq.m.), boiler plants and sports complex, transformer substations, a solar power plant of 250 kW, wind rotary turbine -60 kW, heat pump system -154 kW, a security post and sports complex. The total area of the land plot is 5 hectares. The starting price of the enterprise is KZT 10,144,134,000. The minimum price will be KZT 1,690,689,000.
Kazakhstan Solar Silicon LLP is a Kazakhstan plant for the production of multicrystalline silicon wafers and photovoltaic cells with a design capacity of 60 MW per year. The enterprise is located in Ust-Kamenogorsk and is equipped with European automated equipment. Product sales market - Kazakhstan (Astana Solar LLP), countries of Central Asia, CIS and Europe.
The company owns a land plot with an area of 52,786 sq.m., a plant with production, storage and other premises with an area of 21,108 sq.m., transformer substation and water supply well. The starting price of the enterprise is KZT 16,762,065,000. The minimum price will be KZT 2,793,678,000.
KazSilicon Metallurgical Plant LLP is located in Bastobe village, Karatal district, Almaty region. The company operates the Sarykul deposit, a vein of milky white quartz of the highest natural purity (99.5%), with proven reserves of 1,625.8 thousand tons. The Partnership has a subsoil use contract in place until 2025. According to the Field Development Plan, the annual production is 50,000 tons, with the possibility of increasing production up to 200.000 tons. It is possible to expand the product line by producing quartz flour, marshalite and crushed stone of various fractions. To extract quartz, the company has its own shift camp, equipment for quartz ore crushing and sorting, special equipment for drilling and products transportation, and warehouses for materials and explosives. To determine the quality of quartz, KazSilicon has its own production laboratory equipped with scientific equipment (X-ray fluorescence analysis, optical spectrometry with inductively coupled plasma). There is long-term demand for its products from foreign buyers (People’s Republic of China) and domestic producers of flint, ferrosilicon and construction materials.
The company owns a metallurgical plant for the production of metallurgical silicon with a design capacity of 5,000 tons per year (can be expanded to 60,000 tons per year). A by-product of production is high-density microsilica. On the balance sheet of the metallurgical plant there are production shops with equipment and technology, warehouses, and a railway dead end equipped with scales and a ramp. The starting price of the enterprise is KZT 2,121,000,000. The minimum price will be KZT 353,000,000.
Information about the auction is posted on www.e-auction.gosreestr.kz
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, Director of Investor Relations
Tel: +7 (8) 7172 45 81 80
Kazatomprom Public Relations and Media Inquiries
Torgyn Mukayeva, Chief Expert of GR & PR Department
Tel: +7 (8) 7172 45 80 63
Kazatomprom is the world's largest producer of uranium, with the Company’s attributable production representing approximately 24% of global primary uranium production in 2020. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 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 the Company website at http://www.kazatomprom.kz
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