Deputy Chairman of Kazakhstan’s Agency for Nuclear Energy Gumar Sergazin has said that Kazakhstan stands out on the global uranium market, with reserves reported to last for another 60 years.
The country has accumulated around one million tonnes of natural uranium. Moreover, there remain unexplored territories with Kazakhstan holding approximately 14% of the world’s uranium reserves and supplying around 40% of global production.
Last year alone, the country produced more than 23,000 tonnes of uranium, with production expected to rise to 25,000–26,500 tonnes in 2025.
At the same time, Kazakhstan is negotiating uranium supplies with Finland for two nuclear power plants currently under construction.
Once an agreement is reached, nuclear fuel will be shipped to the country. The United States currently receives roughly a quarter of its uranium imports from Kazakhstan, and is prepared to expand its supplies.
In view of the anticipated global uranium shortage by 2030, Kazakhstan has the potential to become a key player, effectively replacing Russian uranium and strengthening its influence in the global market.
Beyond its production scale, Kazakhstan has a technological advantage, with a significant portion of its uranium deposits developed through in-situ leaching, a method that reduces production costs and minimises environmental impact. This allows the country to remain competitive and offer the market high-quality raw material under attractive conditions.
However, Kazakhstan’s success depends on a combination of political and commercial factors. Uranium exports require careful logistics, secure supply chains, and adherence to international standards.
The Central Asian country is also working to reduce reliance on transit through Russia by developing alternative routes to reach western markets.
Ukrainian and Russian negotiators began the second round of U.S.-brokered talks in Abu Dhabi on Wednesday, according to Ukrainian officials....
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long...
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign po...
Syrian government security forces entered the Kurdish-controlled northeastern city of Qamishli on Tuesday (3 February), security sources and witnesses...
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel h...
Kazakhstan has approved plans for a second nuclear power plant in a significant scaling up of the country's nuclear ambitions. It comes a year after a referendum, which suggested more than 71 per cent support for the project, but which was also accompanied by allegations of irregularities.
Kazakhstan sharply increased oil shipments to Europe in January, exporting 310,000 tonnes to Germany and sending a further 106,000 tonnes via the Baku–Tbilisi–Ceyhan (BTC) pipeline.
Kazakhstan’s Reform Commission has published a draft of a new Constitution that would mark the most extensive revision of the country’s law since independence, including an absolute ban on the death penalty and more rights and freedoms for citizens.
Kazakhstan lost around 3.8 million tonnes of oil exports following an attack on facilities of the Caspian Pipeline Consortium (CPC), Energy Minister Yerlan Akkenzhenov said, stressing that it is still too early to assess the losses in monetary terms.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío has denied that Havana and Washington have entered formal negotiations, countering recent assertions by U.S. President Donald Trump, while saying the island is open to dialogue under certain conditions.
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Web Summit Qatar 2026 opened in Doha on Sunday, drawing tens of thousands of founders, investors, policymakers and technology leaders to what organisers describe as one of the region’s largest digital economy gatherings.
Elon Musk’s rocket company SpaceX has acquired his artificial intelligence firm xAI, as the billionaire moves to bring more of his technology businesses under one structure.
Uzbekistan is accelerating plans to expand uranium production and deepen international nuclear cooperation, positioning the sector as a pillar of long-term industrial growth and resource security.
A landmark gathering of commercial and political minds has convened in the Kyrgyz capital, signalling a significant shift in Washington’s foreign policy approach towards the Eurasian heartland.
Syrian government security forces entered the Kurdish-controlled northeastern city of Qamishli on Tuesday (3 February), security sources and witnesses said.
Israeli tank shelling and airstrikes killed at least 18 people, including four children, in Gaza on Wednesday, Palestinian officials said, as Israel halts the passage of patients through the Rafah border crossing into Egypt.
Azerbaijan’s President Ilham Aliyev and Armenia’s Prime Minister Nikol Pashinyan met in Abu Dhabi, February 4, reaffirming momentum in their peace process and highlighting growing trade, connectivity and confidence-building measures.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment