Kazakhstan plans to build a full cycle of creating nuclear fuel
Kazakhstan intends to create a vertical integrated company with a nuclear fuel cycle by 2020. This was announced today by Minister of Energy Kanat Bozumbayev at the Government hour in the Majilis of the Parliament of the Republic of Kazakhstan.
In the strategic development plan of the Republic of Kazakhstan, one of the main goals in the energy sector is to create a vertical integrated company with a nuclear fuel cycle by 2020. Kazakhstan is interested not only in the extraction and supply of natural uranium, but also in the production and marketing of higher-grade uranium products with high added value, � Kanat Bozumbayev said,
According to the Energy Minister, the priority in the nuclear industry today is the building of a full cycle of creating nuclear fuel, making full use of its own resource base.
The advantages of the chosen direction are the development of technologies for creating products with high added value, export potential expansion, possibility of offering a comprehensive product on the global market and developing new distribution channels, � Kanat Bozumbayev added.
Source: Government of the Republic of Kazakhstan