President Kassym-Jomart Tokayev was briefed today by Kazatomprom Chairman Meirzhan Yussupov on efforts to establish a state strategic uranium reserve. The company is also conducting geological exploration at six sites covering more than 1,000 square kilometers, with plans to begin exploration at the promising Kyzyltu site. Meanwhile, Kazatomprom is strengthening its position in the international market and diversifying its export markets. This year, the company signed new contracts for the supply of natural uranium with major energy companies in India and China. Yussupov also reported on efforts to develop Kazatomprom’s scientific and technological capabilities. The company is conducting research to improve uranium production efficiency and refine technologies for the associated recovery of rare and rare earth metals.
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