BAKU, Azerbaijan, July 2. Kazakhstan’s
President Kassym-Jomart Tokayev and Canada-based Cameco Company
President and Chief Government Officer Tim Gitzel mentioned
prospects for increasing cooperation within the nuclear business, the
presidential press service reported.
The assembly passed off on the sidelines of the thirty eighth plenary
session of the Overseas Traders’ Council in Astana.
Tokayev praised the outcomes of the 30-year strategic partnership
between Cameco and Kazakhstan’s nationwide uranium producer,
Kazatomprom, within the uranium sector. The president mentioned Kazakhstan
stays dedicated to industrial modernization and the event
of high-value-added industries.
In response to Tokayev, one of many nation’s key priorities is the
institution of a full nuclear gas cycle inside Kazakhstan.
The 2 sides additionally mentioned prospects for additional cooperation
within the nuclear sector, together with the implementation of joint
tasks.
The primary nuclear energy plant in Kazakhstan, to be constructed by
Russia’s Rosatom, is deliberate close to Lake Balkhash, within the village of
Ulken within the Almaty area.
On August 8, 2025, preliminary works for the Balkhash Nuclear
Energy Plant venture started within the village of Ulken. The actions
embrace engineering surveys geared toward choosing the optimum website and
making ready design documentation for the large-capacity nuclear energy
plant. As of Could 2026, greater than 90% of subject engineering surveys
had been accomplished.
Cameco, headquartered in Saskatoon, Canada, is a uranium
producer and nuclear gas firm. Along with uranium mining,
the corporate has investments throughout the nuclear gas cycle,
together with pursuits in Westinghouse Electrical Firm and World
Laser Enrichment.
