National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) has issued an announcement.
Kazatomprom has signed a significant supply agreement with ČEZ, a leading energy company in Central Europe, to provide natural uranium concentrates for the next seven years. This agreement will cover about one-third of the uranium needs for fuel assemblies at the Temelín nuclear power plant, enhancing energy security for the Czech Republic. The deal marks a strategic expansion for Kazatomprom in Europe, reinforcing its position in the global uranium market and supporting its mission to diversify its sales portfolio and contribute to regional decarbonisation and sustainability efforts.
More about National Atomic Company Kazatomprom JSC GDR RegS
Kazatomprom is the world’s largest producer of uranium, contributing approximately 21% of global primary uranium production in 2024. The company operates 27 deposits grouped into 14 mining assets in Kazakhstan, utilizing ISR technology. It focuses on maintaining high health, safety, and environmental standards and serves nuclear generation operators globally, with primary markets in China, South and Eastern Asia, Europe, and North America.
YTD Price Performance: -17.98%
Average Trading Volume: 82
Technical Sentiment Signal: Buy
Current Market Cap: $7.78B
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