Kazatomprom: Sulfuric Acid Shortage Resolved
National company Kazatomprom announced that it had concluded a deal that will resolve issue with the shortage of sulfuric acid needed for uranium mining, Orda.kz reports.
According to the KASE website, Kazatomprom received approval for an offtake contract with KAP Logistics LLP and Taiqonyr Qyshqyl Zauyty LLP. This agreement should ensure the execution of the contract for the purchase of sulfuric acid for the needs of Kazatomprom in 2027-2043.
Taiqonyr Qyshqyl Zauyty LLP will supply sulfuric acid from a plant in the village of Taykonyr in the Turkestan region in the amount of up to 800 thousand tons annually, which will ensure an uninterrupted supply of uranium mining enterprises of the NAC Kazatomprom JSC group with a chemical reagent for uranium mining, the company reported.
Sulfuric acid is a key chemical compound in the leaching uranium mining process used by Kazatomprom.
The group of companies has been systematically short of it, which has directly affected production volumes. Back in 2023, Kazatomprom announced plans to build a new sulfuric acid plant in the Turkestan region, but this project is unlikely to be completed before 2026.
Original Author: Nikita Drobny
Latest news
- Kazakhstan’s Credit Rating Upgraded for First Time in a Decade
- While Thousands Lost Power, KEGOC Executives Received Nearly Half a Billion Tenge
- Changi Airport Group May Help Build Astana’s New Airport
- US Again Extends Deadline for Lukoil to Sell Its Assets in Kazakhstan
- Kazakhstan Extradites Business Manager From Russia in 290 Million Tenge Tax Case
- Released Amur Tiger Successfully Hunts in Kazakhstan’s Wild
- Kazakhstan Moves to Develop Critical Minerals as Global Competition Intensifies
- Another Performance by Kazakh Stand-Up Comedian Called Off
- Uzbekistan Begins Preparations for Second Nuclear Power Plant
- Backpack Links Glacier Remains to Man Missing for 19 Years
- 650-Hectare Wildfire Contained in Karaganda Region
- Unusual Wildlife Encounter Captured in Altyn-Emel
- Retired Border Service Dog Sold for $2 at Kazakhstan Auction
- Will Kazakhstan Have Enough Coal This Winter?
- Belarusian Hikers Find Body on Glacier Near Almaty
- Kazakhstan Investigates Spending on 242 Million Tenge Educational Game
- Kazakhstan Makes Caspian Oil Companies Pay for Counterterrorism Deployments
- Kazakhstan Faces Shortage of 245,000 School Places
- Waste Dumping Reported Near Yurt Camps at Lake Zaisan
- Kazakh Oil Rerouted to Novorossiysk as Russia Frees Baltic Export Capacity
