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Kazatomprom Secures Financing for New Sulphuric Acid Plant

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An announcement from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) is now available.

Kazatomprom announced a new agreement for financing the construction of a sulphuric acid plant in the Turkestan region, with a capacity of 800,000 tons per year. The project, valued at approximately 113 billion tenge, is expected to significantly boost the region’s economic and social development by creating jobs and attracting investments, with completion scheduled for the first quarter of 2027.

More about National Atomic Company Kazatomprom JSC GDR RegS

Kazatomprom is the world’s largest producer of uranium, representing approximately 21% of global primary uranium production in 2024. The company operates 27 deposits grouped into 14 mining assets in Kazakhstan, using ISR technology and focusing on health, safety, and environmental standards. Kazatomprom’s primary customers are nuclear generation operators, with principal export markets in Asia, Europe, and North America. The company’s securities are listed on the London Stock Exchange and the Astana International Exchange.

For an in-depth examination of NATKY stock, go to TipRanks’ Stock Analysis page.

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