27 may

The independent Physical Uranium Investment Fund ANU Energy, in which JSC "National Atomic Company Kazatomprom" is one of the investors, has published updated information about its corporate activities. This was reported by the industry portal Energyland.info.

This update includes information about the supply of uranium to AND Energy, which was carried out by Kazatomprom at the Cameco Corporation conversion facility in Canada.

In accordance with the NU Energy supply agreement with Kazatomprom, the first full supply of uranium oxide was carried out to the fund on May 12, 2022. The foundation currently owns the entire lot at Cameco Corporation's Port Hope/Blind River facility in Ontario, Canada.

Kazatomprom is the world's largest producer of uranium with natural uranium extraction, in proportion to the company's shares, amounting to about 24% of the total global primary uranium production in 2021. The Group has the largest uranium reserve base in the industry. Kazatomprom, together with its subsidiaries, affiliates and joint organizations, is developing 26 deposits combined into 14 uranium mining enterprises. All uranium mining enterprises are located on the territory of the Republic of Kazakhstan and the technology of underground borehole leaching is used in uranium mining.

Illustrative photo © kazatomprom.kz