Kazatomprom announces intention to sell interest in UEC NUR-SULTAN. KAZINFORM JSC National Atomic Company «Kazatomprom» announces its intention to sell its 50% interest (minus one (1) share) in the Uranium Enrichment Center JSC («UEC») to its partner in the joint venture, TVEL Fuel Company («TVEL»), for RUB6.253 billion (approximately US$100 million). The value of the Company’s interest in UEC is based on an independent fair market valuation carried out by a major global advisory firm. Kazatomprom is planning to retain one (1) share in UEC, which will preserve the Company's rights to access uranium enrichment services under the conditions previously agreed upon with TVEL.
Almaty to host intl conference on topical issues of uranium industry NUR-SULTAN. KAZINFORM On Novermber 7-9, Almaty will host the IХ International Conference on «Topical issues of the uranium industry of Kazakhstan». The purpose of this conference is to facilitate scientific and technological integration of all companies in the world’s nuclear industry.
Kazatomprom responds to secondary offering JSC National Atomic Company «Kazatomprom» acknowledges secondary placement of additional global depository receipts («GDR») by the Company’s majority shareholder, Joint-Stock Company «Sovereign Wealth Fund «Samruk-Kazyna», the press service of Kazatomprom informs.
Kazakhstan, China discuss uranium delivery expansion NUR-SULTAN. KAZINFORM – Kazakhstan’s delegation chaired by Kanat Bozumbayev, Minister of Energy, is taking part in the 63rd Annual Regular Session of the IAEA General Conference which is being held from 16 to 20 September 2019 at the Vienna International Centre (VIC) in Vienna, Austria, according to the press service of Kazakhstan's Ministry of Energy.
Kazatomprom signs agrt with Brazil's INB NUR-SULTAN. KAZINFORM JSC National Atomic Company «Kazatomprom» («Kazatomprom» or «the Company») announces today that it has signed a commercial agreement to supply natural uranium to the Brazilian state company, Indústrias Nucleares do Brasil (INB), a press-release from Kazatomprom reads.
Kazatomprom announces extension of production cuts NUR-SULTAN. KAZINFORM JSC Kazatomprom National Atomic Company announced today its intention to continue to flex down production by 20% through 2021, compared to the planned levels under Subsoil Use Contracts. The Company will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan’s uranium mines, the Company's press service informs.
Kazatomprom sells 75% ownership interest in Astana Solar LLP, Kazakhstan Solar Silicon LLP and KazSilicon MC LLP NUR-SULTAN. KAZINFORM JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announced that following the Astana Economic Forum, the Company signed a contract with a Consortium of Strategic Investors ("the Consortium", including Yadran Solar company (Russia), ECM Greentech (France) and Kasen/Canadian Solar (PRC)) for the sale of 75% of the charter capital of a consolidated package of companies ("KazPV project"), which includes Astana Solar LLP, Kazakhstan Solar Silicon LLP and KazSilicon MC LLP. Askar Mamin, Prime Minister of the Republic of Kazakhstan, took part in the official signing ceremony on May 18, the company informs on its website.
Kazatomprom 2018 annual financial results ASTANA. KAZINFORM JSC National Atomic Company "Kazatomprom" ("Kazatomprom", "KAP" or "the Company") announces its consolidated financial results for the year ended 31 December, 2018, prepared in accordance with International Financial Reporting Standards (IFRS).
NAC Kazatomprom JSC announces sale of its 40% stake in Caustic JSC. ASTANA. KAZINFORM The tender documentation and Notice to the open two-stage tender are posted on the web portal of NAC Kazatomprom JSC (www.kazatomprom.kz). The starting price for 40% of shares is 3 832 701 000 (three billion eight hundred and thirty-two million seven hundred and one thousand) tenge.
Kazatomprom to go IPO in London, AIFC ASTANA. KAZINFORM - Kazatomprom NAC JSC will list up to 25 percent of its shares on the London Stock Exchange and the Astana International Financial Centre as part of an initial public offering, CEO of the company Galymzhan Pirmatov told a briefing on Wednesday, Kazinform correspondent reports.