Kazakhstan has approved a plan to build its first nuclear power station in a referendum, overcoming lingering resentment over massive radiation exposure from Soviet-era nuclear tests.
The Central Asian country is the world's largest producer of uranium and has massive oil reserves but it suffers from chronic energy shortages.
The "Yes" vote won 71.12 percent in the referendum on October 6 and the turnout was 63.66 percent, the Kazakh electoral commission said on Monday.
China, France, Russia and South Korea are in the running to build the new power station, which is to be located on the shores of Lake Balkhash.
President Kassym-Jomart Tokayev says the plant would be "the biggest project in the history of independent Kazakhstan". Tokayev indicated that he preferred an "international consortium made up of global companies equipped with cutting-edge technologies".
The issue of nuclear power is sensitive given that between 1949 and 1989, the Soviet Union carried out around 450 nuclear tests there, exposing 1.5 million people to radiation.
Kazakhstan and Mongolia have signed a strategic partnership agreement in Ulaanbaatar, aiming to strengthen ties in trade, transport, agriculture, and tourism, with plans to increase mutual trade from $150 million to $500 million in the near future.
Kazakhstan’s Energy Minister Almasadam Satkaliev led a delegation to South Korea to advance collaboration in nuclear energy, renewables, and oil and gas. Meetings included top Korean firms, with plans for a nuclear plant consortium and a focus on energy security by 2035.
Kazakhstan ranks seventh in expanding gold reserves, boosting holdings by 151 tons from 2013 to 2023.
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Kazakhstan and Mongolia have signed a strategic partnership agreement in Ulaanbaatar, aiming to strengthen ties in trade, transport, agriculture, and tourism, with plans to increase mutual trade from $150 million to $500 million in the near future.
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Kazakhstan’s Energy Minister Almasadam Satkaliev led a delegation to South Korea to advance collaboration in nuclear energy, renewables, and oil and gas. Meetings included top Korean firms, with plans for a nuclear plant consortium and a focus on energy security by 2035.
U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
UN Deputy Secretary-General Amina Mohammed urged fair policies for clean energy minerals, highlighting the need for equity, transparency, and environmental protection as demand soars worldwide.
Retailers like Walmart are using advanced weather data to shape local promotions and inventory, adjusting prices on seasonal items like sunscreen and winter gear. New tools help companies plan amid unpredictable weather patterns driven by climate change.
AstraZeneca’s new weight-loss pill, AZD5004, shows promise in early trials with tolerable side effects, advancing to Phase II studies focused on reducing obesity.
Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
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