AREVA and KAZATOMPROM sign accord to strengthen uranium mining Cooperation

AREVA and KAZATOMPROM signed a major agreement for cooperation in the uranium mining sector in Kazakhstan.

The signing ceremony took place in Astana in the presence of Mr. Bozumbayev (Energy Minister of the Republic of Kazakhstan) and Mr. Varin (Chairman of the Board of Directors of AREVA). The document was signed by Chairman of the Board of NAC KAZATOMPROM JSC, Askar Zhumagaliyev and CEO of AREVA, Philippe Knoche.

This agreement opens new opportunities for further development and enhancement of effective operations of their joint-venture KATCO (AREVA (51%) and KAZATOMPROM (49%)). It will bring additional value for both shareholders of the company.