Kazatomprom Advances Uranium Mining with New Deal

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

Kazatomprom JSC, the world’s leading uranium producer, has secured a new subsoil use agreement for pilot uranium mining at the Inkai 3 deposit in Kazakhstan. This initiative is a significant move in the company’s sustainable development strategy, expected to boost the social and economic growth of the Turkestan region. The agreement enables four years of pilot production, with an anticipated total yield of 701 tonnes of uranium, solidifying Kazatomprom’s commitment to supporting the rising demand for clean energy.

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