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Kazakhstan's KazAtomProm and US to Cooperate in Nuclear Energy
Oct. 21, 2015 10:39AM PST
Energy Investing
World Nuclear News reported that Kazakh state-run company KazAtomProm has signed a memorandum of cooperation with Centrus Energy that “specifies the development of mutually beneficial relations on competitive supplies of Kazakhstan’s uranium to the world market.”
World Nuclear News reported that Kazakh state-run company KazAtomProm has signed a memorandum of cooperation with Centrus Energy that “specifies the development of mutually beneficial relations on competitive supplies of Kazakhstan’s uranium to the world market.”
As quoted in the market news:
The document was signed by KazAtomProm chairman Askar Zhumagaliyev and Centrus Energy senior vice-president Kevin Alldred during Zhumagaliyev’s official visit to the USA.
KazAtomProm is the world’s biggest uranium producer, while Bethesda, Maryland-based Centrus Energy supplies enriched uranium fuel for commercial nuclear power plants in the USA and around the world.
KazAtomProm said that, during his trip, Zhumagaliyev will meet with the president and CEO of Westinghouse Electric Company, Danny Roderick, and the president of Cameco, Tim Gitzel. Zhumagaliyev will then invite companies to take part in the Astana EXPO-2017 conference and exhibition to be held from 10 June to 10 September 2017.
He will hold a number of business meetings with companies engaged in the nuclear energy sector and visit the site of a nuclear reactor under construction “to become acquainted with” Westinghouse’s work on fuel assembly production, KazAtomProm said. It did not say which reactor Zhumagaliyev would visit.