Kazatomprom conducts geological exploration at six sites

President Kassym-Jomart Tokayev received Chairman of Kazatomprom National Atomic Company Meirzhan Yussupov, who reported on ongoing efforts to expand Kazakhstan’s mineral resource base. Geological exploration is currently underway at six sites covering over 1,000 square kilometers, with work at two of them launched this year. It is part of the company’s plan to further strengthen Kazakhstan’s position in the global nuclear industry amid a projected global uranium shortage, driven by the rapid development of AI technologies, increased energy consumption by data centers, and the rapid construction of new nuclear reactors. Kazatomprom also plans to expand its production of rare and rare earth metals. The company’s market capitalization reached a historic high of over $14 billion in September. Following the meeting, the President gave a number of instructions.

Web-editor: Арайлым Серқанова