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Kazatomprom information


NAC Kazatomprom JSC (Kazatomprom)
Company typePublic
Traded as
LSE: KAP, Astana International Financial Centre (AIX)
ISINUS63253R2013
IndustryNuclear fuel cycle[1]
Founded1997
Headquarters
Astana
,
Kazakhstan
Key people
Yerzhan Mukanov (acting)[2]
ProductsUranium and rare earth metals
RevenueIncrease KZT 502.3 bln (2019)
Operating income
Increase KZT 151.9 bln (2019)
Net income
Decrease KZT 213.8 bln (2019)
Number of employees
Over 20,000 [3]
ParentSamruk-Kazyna (75% ownership)
Websitewww.kazatomprom.kz

National Atomic Company Kazatomprom Joint Stock Company (Kazatomprom) (Kazakh: Қазатомөнеркәсіп, romanized: Qazatomónerkásip) is the world’s largest producer and seller of natural uranium, providing over 40% of global primary uranium supply in 2019 from its operations in Kazakhstan.[4] Kazatomprom's uranium is used for the generation of nuclear power around the world.[5]

Kazatomprom is Kazakhstan’s national operator for the export and import of uranium and its compounds, nuclear power plant fuel, special equipment and technologies. The company's status as a National Company provides certain advantages, including, among other things, obtaining subsoil use agreements (in-situ recovery mine licences) through direct negotiation with the Government of the Republic of Kazakhstan.

All of the company's mines and subsidiary processing operations are located in the Republic of Kazakhstan.

The uranium is virtually all ultimately destined for export as Kazakhstan hasn't had a nuclear power plant since the shutdown of the Soviet built BN-350 reactor in Aktau in 1992. There is some debate regarding future use of nuclear power in Kazakhstan, however.

  1. ^ https://www.kazatomprom.kz/storage/7a/eng_factsheet_ck.pdf [bare URL PDF]
  2. ^ "Мажит Шарипов покидает пост председателя правления "Казатомпрома"". www.zakon.kz. 2022-07-01.
  3. ^ About company
  4. ^ "Uranium Production Figures, 2010-2019". World Nuclear Association.
  5. ^ "About Us". www.kazatomprom.kz.

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