NAC Kazatomprom JSC (“Kazatomprom” or “the Company”) has successfully implemented a major investment project on modernization of a refinery in the Turkestan region. Kazatomprom-SaUran LLP, a subsidiary of the national nuclear company, has completed the modernization of the refinery for the production of uranium oxide with a capacity of 1,600 tons per year.
As part of the project, equipment and technology were switched from the extraction refining to peroxide refining, which is easy to use and is more cost-effective. The production capacities will allow producing and extracting uranium of very high quality and purity. The recovery factor as a result of the modernization will increase from 98.2% to 100% for uranium processing, and the level of injury risk in the refining shop of Kazatomprom- SaUran LLP will decrease due to the exclusion of organic chemicals from the process.
“I congratulate all colleagues who took part in the implementation of the project on the successful launch of the refinery. During the modernization of the enterprise, our own modern highly efficient technologies and developments were used. The refining shop will provide jobs for over 60 people. I wish the labor collective prosperity, safe working conditions and the fulfillment of all production plans,” Yerzhan Mukanov, Chairman of Kazatomprom Management Board, said.
All modernization work was carried out by service enterprises of Kazatomprom: IHT LLP was the developer of the project, and Mashzavod LLP was the general contractor.
For detailed information, please contact:
Kazatomprom Investor Relations Inquiries
Sabina Kumurbekova, PR Director
Gazhaiyp Kumisbek, Chief Expert of the PR department
Tel: +7 7172 45 80 22
Kazatomprom Public Relations and Media Inquiries
Yerlan Magzumov, IR Director
Tel: +7 7172 45 81 80
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 22% of the total global primary uranium production in 2022. 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 www.kazatomprom.kz.
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