NAC Kazatomprom JSC continues to invest in socio-economic and infrastructure development, improving the quality of life in the regions where the Company operates.
The Company and its subsidiaries are actively working on the implementation of socially significant projects in the regions of presence:
As part of the Friendly Inkai program, JV Inkai LLP has implemented two projects. One is related to providing Internet access to residents of Taikonyr village. A 3G connection was launched in the village with the technical support of KAP Technology LLP, and a mobile operator, with a resulting doubling of the speed of mobile Internet. The second project is “Rapid transport for Taikonyr”. Since February 2020, the Inkai bus runs weekly on Tuesdays via Taikonyr-Sholakkorgan-Taikonyr route and transfers Taikonyr residents to the administrative center of Sozak district at no cost.In the context of the Year of Volunteer in Kazakhstan, young specialists of RU-6 LLP created a group Generous Souls, which is aimed at helping socially vulnerable families.
A social store was created where those in need can get clothes, shoes and necessary household items at no cost. To gather these items, bins were placed in several busy places.Employees at UMP provide foster care for 23 orphans and children left without parental care from orphanages in Ust-Kamenogorsk. The employees helped children in social adaptation and ensured participation of foster-children in corporate, holiday, sports and other cultural events of UMP.As part of the annual republican campaign "Road to School", Kazatomprom and all subsidiaries collected funds for the purchase of clothes, shoes, backpacks, and stationery to help families in the regions.
This year, Semizbay-U LLP conducted land surveying with dumping of 3 dams for protection against floods in Aksu rural district of Akmola region.In 2020, the Company plans to implement a number of initiatives in the southern region. In the Sozak district of Turkestan region, Kazatomprom intends to build children's playgrounds (the villages of Zhartytobe, Akkoltyk, Babata), purchase a passenger minibus for transporting schoolchildren (Aksumbe), improve the territory of the village club (Taikonyr), replace street lighting lamps (Taikonyr and Kyzyemshek) and build an alley of WWII veterans with a monument in honor of the 75th anniversary of Victory Day (Babata settlement).
In Zhanakorgan and Shieli districts of Kyzylorda region, the Company plans to make major repairs and reconstruction of street lighting, build a children's playground (Baikenzhe settlement), and a dike on both sides of the footbridge through the Nansai drainage channel (Bala Bi settlement)In the near future, Kazatomprom will initiate a number of other socially significant projects aimed at the socio-economic development of the regions of presence, such as construction and repair of public roads, children's playgrounds, sports complexes, as well as landscaping of settlements.In 2020-2022, the Company plans to build a fly-over and a 4.8 km road in Kyzylorda region. This project is designed to ensure safe movement of vehicles carrying dangerous goods, and to improve infrastructure.
As previously released, during the state of emergency, Kazatomprom employees transferred their one-day wages to the medical workers of Nur-Sultan and Almaty, who are fighting the spread of the pandemic in Kazakhstan. The funds raised are aimed at financial incentives for doctors, acquisition of necessary equipment, and personal protective equipment.
Kazatomprom together with its partner, Orano, the French state-owned company, decided to transfer KZT 50 million from KATCO, the Kazakh-French joint venture, to Birgemiz public fund, established by the initiative of the First President Nursultan Nazarbayev, to support the needy social groups in the struggle against pandemic. KATCO also purchased 6 ventilation machines for hospitals in Turkestan region and the city of Shymkent for a total of KZT 100 million. The necessary medical equipment for treating patients with coronavirus will arrive from the USA in the near future.
Other Kazatomprom subsidiaries also provide assistance to the local population (food, essentials, masks and antiseptics) and medical workers involved in the fight against the spread of COVID-19.Thus, the Company continues to be guided by ESG principles, implementing socio-economic and infrastructure development projects, and improving the welfare and quality of life of employees and the residents living in uranium mining regions.
For further information, please contact:
Kazatomprom Investor Relations Inquiries
Cory Kos, Director, Investor and Public Relations
Tel: +7 7172 45 81 69
Kazatomprom Public Relations and Media Inquiries
Torgyn Mukayeva, Deputy Director, Investor and Public Relations
Tel: +7 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 total global uranium primary production in 2019. The Group benefits from the largest reserve base in the industry. Kazatomprom operates, through its subsidiaries, JVs and Associates, 24 deposits on the territory of the Republic of Kazakhstan grouped into 13 mining entities. All of the Company’s uranium mining entities are located on the territory of the Republic of Kazakhstan and mined using ISR technology, paying particular attention to best practices and means of monitoring health, industrial safety and the environment.
Kazatomprom securities are listed on London Stock Exchange and Astana International Exchange. Kazatomprom is the national atomic company in 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, on the spot market directly from its corporate center in Nur-Sultan, Kazakhstan, as well as through a trading subsidiary in Switzerland, Trading House KazakAtom (THK).
For more information, please see http://www.kazatomprom.kz
All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements give the Company’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as “target,” “believe,” “expect,” “aim,” “intend,” “may,” “anticipate,” “estimate,” “plan,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could” and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the Company’s actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which it will operate in the future. THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE REALIZED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN. The information contained in this communication or document, including but not limited to forward-looking statements, applies only as of the date hereof and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to such information, including any financial data or forward-looking statements, and will not publicly release any revisions it may make to the Information that may result from any change in the Company’s expectations, any change in events, conditions or circumstances on which these forward-looking statements are based, or other events or circumstances arising after the date hereof.