National Atomic Company Kazatomprom JSC (hereinafter Kazatomprom or Company) reports that the first batch of fresh nuclear fuel i.e., AFA 3G ТМ fuel assemblies (FA) has been delivered from Ulba-FA LLP plant (joint Kazakhstani-Chinese partnership) to China.
Railway platforms with 34 shipping containers containing fuel assemblies to the volume of one reload (a little over 30 tons of low-enriched Uranium) escorted by special-purpose security have been delivered to NPP in China and accepted by end customer, i.e. Chinese General Nuclear Power Corporation CGNPC-URC.
“Implementation of the innovative project of nuclear fuel manufacture for the NPP is an example of Company’s contribution to mitigating the consequences of global climate change and achieving the global goal of low-carbon development. Ulba-FA plant allowed Kazatomprom diversifying production by extending the lineup and producing high-tech, export oriented high value added Uranium product. Successful product delivery to the Chinese partners confirmed the reputation of Kazatomprom as a reliable and favorable supplier on the global nuclear fuel market”, - announced Yerzhan Mukanov, CEO of NAC Kazatomprom JSC.
The project is a good example of successful multi-party cooperation among the leading global companies in atomic industry. Uranium material mined in Kazakhstan and processed in Ulba Metallurgical Plant is used in FA manufacture.
“I congratulate Ulba-FA LLP team and our partners from China on this tremendous event. The first shipment of ready product made a start for regular FA deliveries; it is important not only to our companies but is quite prominent to both Kazakhstan and China in general in mastering atom for peace”, - reported Sergey Bezhetskiy, UMP JSC Executive Board Chairman.
“I would like to say thank you to all the colleagues who participated in manufacture and first delivery of the ready product to the People’s Republic of China. Well-coordinated work of the Ulba-FA LLP, UMP JSC and URC-Logistics teams with participation of end customer representatives assisted in completing this historical event”, - emphasized Arman Suleimenov, Ulba-FA LLP Director General.
Ulba-FA LLP started operating in November 2021 after passing qualification from the owner of AFA 3G FA manufacture technology, the French company Framatome and getting acknowledged as a qualified nuclear fuel supplier by product end customer i.e., the Chinese General Nuclear Power Corporation CGNPC-URC. This is the only production in the Republic of Kazakhstan manufacturing nuclear fuel for nuclear power plants and that has got guaranteed sales market for 20 years ahead. Plant’s capacity is 200 tons per year if calculated in terms of low-enriched Uranium.
Start of the NAC Kazatomprom JSC innovative production allowed Kazakhstan entering the limited range of the countries-manufacturers and suppliers of nuclear fuel for nuclear power plants opening new opportunities of Kazakhstan atomic industry development and cooperation prospects with other countries in this direction.
For information: FA is an engineering structure that contains fuel rods (FR) i.e., the tubes filled with Uranium pellets, in its skeleton. These assemblies are the fuel for the NPPs. Uranium pellets for fuel rods are manufactured by UMP JSC.
Regarding investor cooperation please contact
Botagoz Muldagaliyeva, Director, IR Department
Cory Kos, International Consultant, IR Department
Tel. +7 7172 45 81 80 / 69
Email: //www.kazatomprom.kz/en/media/view/ir
kazatomprom.kz">irkazatomprom.kz
Regarding public relations and mass media inquiries please contact
Sabina Kumurbekova, Director, GR and PR Department
Gazhaiyp Kumisbek, Chief Expert, GR and PR Department
Tel. +7 7172 45 80 63
Email: //www.kazatomprom.kz/en/media/view/prkazatomprom.kz">prkazatomprom.kz
About Kazatomprom
Kazatomprom is the world’s largest producer of natural uranium, in proportion to Company’s participation, to the extent of about 24% from aggregate global primary recovery of Uranium in 2021. The Group has got the largest backup base of Uranium in the industry. Kazatomprom together with its subsidiaries and related organizations develops 26 deposits joined in 14 Uranium mining enterprises. All Uranium mining enterprises are located in the territory of the Republic of Kazakhstan and use in-situ recovery method when mining Uranium, paying special attention to the advanced practices and means of health protection, industrial safety and environmental protection (qualified according to ISO 45001 and ISO 14001).
Kazatomprom securities are placed on the London Stock Exchange, Astana International Exchange and Kazakhstan Stock Exchange. Kazatomprom is a National Atomic Company of the Republic of Kazakhstan; main Group’s customers are the operators of atomic generating facilities, while main export markets for the product are China, South and East Asia, North America and Europe. The Group sells Uranium and Uranium products under long-term and short-term contracts and on the spot market directly from its corporate center in Astana, Kazakhstan and through its subsidiary trading company in Switzerland, Trading House KazakAtom (ТНК).
To get more detailed information visit our Internet-resource http://www.kazatomprom.kz
Ulba Metallurgical Plant JSC is one of the globally acknowledged manufacturers of Uranium, Beryllium, Tantalum and Niobium products for nuclear power energy, electronics, metallurgy industry purposes and other activity fields. The company is a part of National Atomic Company Kazatomprom.
Ulba-FA LLP is a Kazakhstani and Chinese joint venture; the founders are UMP JSC (a subsidiary of NAC Kazatomprom JSC) holding 51% of participatory interest and CGNPC-URC (a subsidiary of China General Nuclear Power Corporation) holding 49% of participatory interest.
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