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Kazatomprom Secures Uranium Supply Deal with Japan’s Kansai Electric

Story Highlights
  • Kazatomprom will supply Kazakh uranium to Kansai Electric’s Japanese nuclear power plants.
  • The agreement deepens Kazakh-Japanese energy ties and reinforces nuclear power’s role in low-carbon supply.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kazatomprom Secures Uranium Supply Deal with Japan’s Kansai Electric

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

Kazatomprom has signed an agreement with The Kansai Electric Power Co., Inc. to supply Kazakh uranium (U3O8) for Japanese nuclear power plants, reinforcing its status as a key supplier to Japan as the country gradually restarts its nuclear fleet. Announced during President Kassym-Jomart Tokayev’s visit to Japan under the “Central Asia + Japan” dialogue, the deal strengthens long-term energy ties between Kazakhstan and Japan, supports Kansai’s strategy to secure stable, low‑carbon power for the Kansai region, and underscores nuclear power’s role as a reliable, environmentally responsible component of the global energy transition, building on the partners’ existing APPAK joint venture relationship dating back to 2006.

More about National Atomic Company Kazatomprom JSC GDR RegS

National Atomic Company Kazatomprom JSC is the world’s largest producer of natural uranium, with attributable output representing about 21% of global primary uranium production in 2024. The Kazakhstan-based national atomic company operates 27 deposits grouped into 14 in-situ recovery mining assets, all in Kazakhstan, and sells uranium and uranium products to nuclear power plant operators in Asia, Europe and North America through long- and short-term contracts and spot sales. Its securities are listed on the London Stock Exchange and Astana International Exchange, and it emphasizes industry-leading health, safety and environmental standards across its operations.

Find detailed analytics on NATKY stock on TipRanks’ Stock Analysis page.

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