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Kazatomprom Secures Key Supply Agreement with New Transaction
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Kazatomprom Secures Key Supply Agreement with New Transaction

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

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Kazatomprom, the world’s largest uranium producer, successfully concluded an Extraordinary General Meeting where shareholders approved a significant transaction: a Deed of Guarantee involving KAP Logistics LLP and Taiqonyr Qyshqyl Zauyty LLP. This agreement ensures the supply of up to 800 thousand tons of sulphuric acid annually from 2027 to 2043, reinforcing Kazatomprom’s operational stability. The meeting saw a robust shareholder turnout, with decisions unanimously supported.

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

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