Kazatomprom signs a Memorandum of Understanding with Slovakia’s SEASKazakhstan’s National Atomic Company Kazatomprom JSC (Kazatomprom) and Slovakia’s largest electricity producer Slovenské elektrárne a.s. (SEAS) has signed a memorandum of understanding, reflecting the mutual interest of both parties in developing long-term cooperation in nuclear energy sector.“The memorandum of understanding outlines the parties’ intent to establish supplies of natural uranium concentrate and potential deliveries of uranium dioxide (UO₂) for Slovak nuclear power plants, as well as to explore additional areas of future cooperation,” Kazatomprom said in a Monday press release.This is the first official document signed between Kazatomprom and SEAS, marking the beginning of a new phase of collaboration, the company said.“By signing this memorandum we are taking an important step towards strengthening cooperation with our European partners,” said Meirzhan Yussupov, CEO of Kazatomprom. “Nuclear energy plays a key role in ensuring sustainable energy supply in Slovakia. We believe this memorandum will lay the foundation for strong and mutually beneficial relations between our companies.”Branislav Strycek, CEO and Chairman of the Board of Directors of SEAS, in turn, emphasized the strategic importance of diversifying nuclear fuel supply sources and expressed confidence in the prospects of the long-term cooperation with Kazatomprom – the world’s largest producer of natural uranium.SEAS generates over 70% of Slovakia’s total electricity supply and operates two nuclear power plants – Bohunice and Mochovce – with a total of five VVER-440 reactors. The majority shareholder of SEAS is Slovak Power Holding (66%), while the Slovak government owns the remaining 34%, underlining the strategic importance of the company to the country’s energy security.In April 2025, Kazatomprom signed a seven-year contract to supply uranium concentrate to the Czech Republic.National Atomic Company Kazatomprom JSC is the national operator of the Republic of Kazakhstan for export of uranium and its compounds, rare metals, nuclear fuel for nuclear power plants, special equipment, technologies and dual-use materials. Kazatomprom is controlled by Kazakhstan’s Sovereign Wealth Fund Samruk-Kazyna JSC (63%) and Ministry of Finance (12%), the remaining 25% are in free float. (ICE ALMATY)

Fonte notizia: INTERFAX