Shareholders in Kazakhstan’s state uranium company Kazatomprom have approved agreements with two Chinese partners to supply uranium concentrates to China valued at approximately $2.5bn (€2.3bn).
Kazatomprom said the two companies are CNNC Overseas and China National Uranium Corporation (CNUC). The agreements include a spot contract with CNNC Overseas and a long-term contract with CNUC.
The company did not disclose delivery timelines or volumes, but said the agreements mark a significant development in Kazakhstan-China nuclear energy cooperation.
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