Kazatomprom Calls Shareholders for Major Transaction Approval

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

Kazatomprom has announced an Extraordinary General Meeting of Shareholders to be held on November 15, 2024, with the key agenda being the approval of a major transaction with CNNC Overseas Limited and China National Uranium Corporation Limited for the sale and purchase of natural uranium concentrates. The meeting will also involve the election of a Chairman and Secretary, and determining the voting form for the shareholders. This significant move represents a strategic decision by the world’s largest uranium producer, which accounts for approximately 20% of global primary uranium production.

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