Countries plan ‘practical negotiations’ on supply volumes
Kazakhstan’s Atomic Energy Agency and Finland’s Radiation and Nuclear Safety Authority (Stuk) have signed an agreement that lays the groundwork for potential uranium supplies to Finland.
According to Almasadam Satkaliev, head of the Kazakh agency, the agreement establishes a legal framework for future deliveries of Kazakh uranium to Finnish nuclear power plants.
“The possibility of supplying Kazakh uranium to Finnish nuclear power plants is currently under discussion,” Satkaliev told reporters. “We’ve made such offers before, and the Finnish side has shown serious interest. This visit is an opportunity to move toward practical negotiations on supply volumes.”
The agreement, signed during Finnish president Alexander Stubb’s official visit to Kazakhstan this week, also includes provisions for sharing expertise and experience in the nuclear energy sector.
Satkaliev praised Finland’s regulatory framework, describing it as a model recognised by the International Atomic Energy Agency.
Kazakhstan, the world’s largest uranium producer through state company Kazatomprom, is also advancing its own nuclear power ambitions. The country plans to commission its first nuclear power plant by 2035.
In 2024, a nationwide referendum showed over 71% support for nuclear energy development.
In June 2025, Russia’s state nuclear corporation Rosatom was chosen to build the first plant near the village of Ulken, on the western shore of Lake Balkhash, approximately 400 km northwest of the city of Almaty.
Two additional nuclear projects are planned in cooperation with China’s state-owned China National Nuclear Corporation (CNNC). Satkaliev said CNNC is assessing potential sites in the Almaty and Zhambyl regions.
