President Kassym-Jomart Tokayev received Meirzhan Yussupov, Chairman of the Management Board of Kazatomprom, the Akorda reported. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
The President was briefed on measures to create a state strategic reserve of uranium.
“Today the company is conducting geological exploration at six sites with a total area exceeding 1,000 square kilometers. It also plans to explore the promising Kyzyltu site with an area of 124 square kilometers,” the statement said.
In addition, it was noted that this year Kazatomprom signed new contracts for the supply of natural uranium with major energy companies in India and China.
The company is conducting scientific research to improve the efficiency of uranium production and to enhance technology for extracting rare and rare-earth associated metals.
It was also reported that more than 13 billion tenge has been allocated to new projects.
At the end of the meeting, Kassym-Jomart Tokayev gave a number of instructions on further developing the resource base, expanding international cooperation, and implementing social initiatives.