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November 30, 2015 3:43 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Joint-Stock Company "National Atomic Company "Kazatomprom"

Company Overview

JSC National Atomic Company Kazatomprom primarily explores for, develops, produces, and sells uranium. The company operates through Uranium Products, Beryllium Products, Tantalum Products, Utilities, Equipment for Alternative Energy, and Other segments. It also manufacture and sells beryllium and tantalum products; produces, transfers, and sells electric and heat energy; offers water utility services; transports sea water and gas; constructs and maintains social service facilities; provides communication and security services; and produces semiconductor materials. In addition, the company offers research, project, development, and engineering consulting services; explores for, extracts, and ...

10 D.Kunaev Street

Astana,  010000


Founded in 1997

27,000 Employees

Key Executives for Joint-Stock Company "National Atomic Company "Kazatomprom"

Chief Executive Officer and Director
Chairman of Management Board and President
Age: 66
Deputy Chairman of The Management Board and Vice President for Production
Age: 54
Head of Administration Office, Managing Director and Member of The Management Board
Age: 66
Chief Accountant
Compensation as of Fiscal Year 2015.

Joint-Stock Company "National Atomic Company "Kazatomprom" Key Developments

IPO Planned For 43 State Firms In Kazakhstan

Kazakhstan plans to sell stakes of at least 25% in 43 large state-owned companies via initial public offerings in 2016-17, Samruk-Kazyna sovereign wealth fund said. The businesses to go public include oil and gas company KazMunaiGas, Joint-Stock Company "National Atomic Company "Kazatomprom", Joint Stock Company National Company Kazakhstan Temir Zholy and Tau-Ken Samruk JSC. Offered for sale will also be stakes in electricity firms united in the fund's division Samruk-Energo Joint Stock Company. Samruk-Kazyna sovereign fund also said that besides holding IPO in the 43 large companies, it would privatise 182 "non-core assets" through auctions in the same period.

Kazatomprom Signs Agreement with Electricite de France to Supply Natural Uranium in 2021-2025

Kazatomprom has signed an agreement with Electricite de France (EDF) to supply natural uranium in 2021-2025. The agreement was concluded during the official visit of President of Kazakhstan Nursultan Nazarbayev to France. Under the contract, the company plans to supply 4,500 tonnes of natural uranium concentrate to EDF in the period from 2021 to 2025.

Kazatomprom and Qatar Solar Energy Establish Joint Venture to Develop Solar Energy Generation

National Atomic Company JSC Kazatomprom and Qatar Solar Energy are establishing a joint venture in the field of solar energy generation development. Kazatomprom is to become a strategic shareholder of Qatar Solar Energy and can expand a production chain from raw materials into electricity generation, according to the agreement. This joint venture is a strategic step for industry, and focus on increasing the capacity of existing businesses. The parties agreed to use Kazakhstan-produced silicon for the manufacture of solar modules. It is planned to expand the capacity of a plant located in Ust-Kamenogorsk creating more jobs.

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