Kazatomprom Shareholders Approve Major Chinese Uranium Contract, Reject Deal With Russia
Proposed agreement with Moscow saw abstentions of 88%
Proposed agreement with Moscow saw abstentions of 88%
Facility will house central Asian country’s first large-scale commercial reactors
Utilities will need to begin securing uranium supplies earlier than expected, company warns
Average realised price also sees significant increase
First unit at Balkhash site could begin commercial operation in 2035-2036 with plans for second facility already approved
Register free and get full access to NucNet for 14 days. No card required.
After the trial, keep a free account for a newsletter and a complimentary Plus article every two weeks. Or see our subscription plans for individuals and organisations.
See subscription options