Kazakhstan Chamber of Commerce in the USA

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Kazakhstan, USA join forces in nuclear fuel supply

Posted on November 13, 2015 by KazCham

World Nuclear News

KazAtomProm and Centrus Energy have signed a Memorandum of cooperation that specifies the development of mutually beneficial relations on competitive supplies of Kazakhstan’s uranium to the world market.

The document was signed by KazAtomProm Chairman Askar Zhumagaliyev and Centrus Energy Senior Vice-president Kevin Alldred during Zhumagaliyev’s official visit to the United States.

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.

Kazakhstan became the leading supplier of uranium to US nuclear power plants in 2014, overtaking Australia, according to the US Energy Information Administration (EIA). According to the EIA’s Uranium Marketing Annual Report, published in May, of the uranium purchased by U.S. reactor owners and operators, 23% was of Kazakh origin, while 20% came from Australia and 18% from Canada.

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