Kazakhstan Chamber of Commerce in the USA


Kazatomprom Establishes U.S. Presence

Posted on June 12, 2013 by KazCham

Kazakhstan’s Atomic Company Opens D.C. Office, Seeks to Grow U.S. Business Ties

WASHINGTON, D.C., June 12, 2013 — Kazatomprom, the national nuclear company of Kazakhstan, has opened a full-time office in the United States. The announcement was made during a full-day nuclear industry conference Kazatomprom held on May 16 at the Willard Hotel in Washington, D.C.

Kazatomprom’s office, which is located in Washington D.C., was opened to support an increase in U.S. uranium sales, establish and maintain direct relationships with the American uranium market, as well as to promote the sale of more sophisticated nuclear products the company offers, such as beryllium and tantalum, among others.

Addressing the conference, Kazakhstan’s Ambassador to the United States, Kairat Umarov, said, “Kazatomprom’s long term strategy is to develop into the world’s leading global uranium producer. Today the aim is to ensure the support of our [American] partners in tapping the great potential here to its full extent.”

During the conference, Kazatomprom’s representatives reported on Kazakhstan’s booming uranium sector and nuclear industry as well as presented their company’s development strategy. Kazatomprom’s partners – AREVA, Comeco Corp. and Uranium One – spoke about  their positive experiences in Kazakhstan and the country’s attractive investment climate.

The conference was also attended by senior representatives of the U.S. Department of Energy and the U.S. – Kazakhstan Business Association, as well as representatives of leading operators of nuclear power stations in the US, and trading companies operating on the uranium market such as Exelon Generation, Dominion Generation, Duke Energy Corp., Constellation Energy Nuclear Croup, Entergy Services, PSEG Nuclear LLC, ITOCHU, USEC Inc., URENCO Inc., Westinghouse Electric Co. among others.

News Bulletin of the Embassy of the Republic of Kazakhstan, 12 June, 2013

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