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Int’l consultants make strategy for Kazakh nuke-company

Kazakhstan Materials 14 February 2015 10:51 (UTC +04:00)
International consultants developed strategic initiatives for Kazakhstan’s atomic company, Kazatomprom.
Int’l consultants make strategy for Kazakh nuke-company

Astana, Kazakhstan, Feb. 14

By Daniar Mukhtarov - Trend:

International consultants developed strategic initiatives for Kazakhstan's atomic company, Kazatomprom, according to the Chairman of Kazatomprom's Board Nurlan Kapparov.

He made the remarks Feb. 13 while presenting the mentioned strategic initiatives to the management of the National Welfare Fund Samruk-Kazyna.

Kazatomprom is the national operator of Kazakhstan for the export of uranium and its compounds, rare metals, nuclear fuel for nuclear power plants, special equipment, technologies and dual-use materials.

Kapparov said the strategic initiatives are aimed at improving the efficiency of investment and operating activities of the company.

He said Kazakhstan is a leader in the production and sale of uranium products in the world market.

Kazakhstan currently provides 38 percent of the world's uranium production, he added.

"The company's main objective is to increase its cost at least twice within five years. I think our company will cope with this task," said Kapparov.

He added that Kazatomprom can become one of the major players in the supply of nuclear fuel, and the so-called heat-generating assemblies, which include all the ranges of the value added to uranium products.

Kapparov also stressed that becoming a reliable supplier "is a niche that we want to take."

The Chairman of Samruk-Kazyna Umirzak Shukeyev called on to get rid of non-core assets.

Edited by SI

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