Kazatomprom Expands Uranium Exploration in Kazakhstan

National Atomic Company Kazatomprom JSC GDR RegS (GB:KAP) has released an update.

Kazatomprom, the world’s largest uranium producer, announced the acquisition of a subsoil use license for uranium exploration in Kazakhstan’s Turkestan region, with potential inferred resources estimated at 30,000 tonnes. The company plans a 6-year exploration program to upgrade these resources to higher reserve categories, reinforcing Kazakhstan’s key role in the global uranium market and support for the transition to green energy. CEO Meirzhan Yussupov highlighted the importance of these findings for the country’s economic growth and global energy security.

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