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Kazatomprom Expands Uranium Operations in Kazakhstan
Company Announcements

Kazatomprom Expands Uranium Operations in Kazakhstan

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

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Kazatomprom has secured amendments to subsoil use contracts, boosting its long-term uranium production prospects in Kazakhstan. The strategic amendments involve the transfer of rights to Kazatomprom-SaUran LLP for the Inkai 3 block, with an estimated 83.1 thousand tonnes of uranium, and a four-year extension on exploration at the Inkai 2 deposit, promising over 42 thousand tonnes. These developments will support regional socio-economic growth and reinforce the company’s commitment to sustaining the uranium industry.

For further insights into GB:KAP stock, check out TipRanks’ Stock Analysis page.

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