Kazakhstan's Kazatomprom Signs Uranium Supply Deal with Swiss Nuclear Plants
Photo: wikimedia commons
National Atomic Company Kazatomprom has agreed with Swiss Axpo Power AG and Kernkraftwerk Leibstadt AG on uranium supplies. The first contract has already been signed, Orda.kz reports.
The uranium will power Switzerland's Beznau and Leibstadt nuclear power plants, according to Kazatomprom.
The deal was finalized during the company's visit to Switzerland.
This contract is an important step in our strategy to diversify our sales channels. It also plays a key role in ensuring energy security and decarbonization, which will strengthen our partnership and ensure long-term supplies of natural uranium for the Swiss nuclear energy industry, said Vladislav Baiguzhin, Kazatomprom's Chief Commercial Officer.
Kazakhstan currently leads global uranium supplies and Kazatomprom plans to boost production by at least seven percent in 2025.
Original Author: Nikita Drobny
Latest news
- Mother Questions Official Account of National Guard Conscript’s Death in Oral
- KazTransOil to Boost Oil Supplies to Kyrgyzstan, Resume Transit to Uzbekistan
- Russian Teen Who Fled to Kazakhstan to Escape War Faces Deportation
- Lawyer Comments on Gulnara Bazhkenova's House Arrest Conditions, Appeals to International Organizations
- Kazakhstan Marks Independence Day, Remembering the Tragic December Events of 1986
- Kremlin Spokesperson Says Ukraine’s Non-NATO Status Is Central to Peace Talks
- Kcell Receives Certification for Information Security
- Uzbekistan Aims to Halt Gas Production Decline by 2026 With New Fields
- Kyrgyzstan: Culture Ministry Denies Reports of Ban on Valery Meladze Concert
- Kazakh Ophthalmologist Wins International Honors at Hong Kong ICT Awards 2025
- Kazakhstan: Construction Industry Urges for Return to Previous Time Zone
- KTZ Spends 79 Million Tenge on New Workwear After Complaints From Mangystau Employees
- Armenian Defense Minister Says Situation Calm Along Border With Azerbaijan
- Zelenskyy Signals Ukraine Could Forego NATO Membership in Exchange for Security Guarantees
- Kazakhstan Says Damage From Drone Attack on CPC Facility Still Being Assessed
- Kazakhstan May Build Planned Thermal Power Plants Independently Amid Delays in Russian Financing
- Expert Warns Sale of Transtelecom Stake Overlooks Kazakhstan’s National Security Risks
- Kazakhstan Says Alternative Oil Export Routes Are Available Amid CPC Infrastructure Issues
- Former Foreign Ministry Spokesman Aibek Smadiyarov Appointed Head of Domestic Policy Department
- Kadyrov Says He Is Ready to Run Again as Chechnya’s Head in 2026
