Press release on uranium production and net income indicators of NAC Kazatomprom JSC for the first half year of 2011
Aug 04. Kazatomprom JSC
Production plans of the holding’s entities have been fully fulfilled in the first half year of 2011.
Uranium production volume of the Republic of Kazakhstan for 6 months of 2011 made up 9 148 tU, which is 9% higher in comparison with the same period of the previous year. In accordance with the stated plans, uranium production made by entities of NAC Kazatomprom JSC will reach 10 130 tU in the second half of 2011.
The share of NAC Kazatomprom JSC in the total volume of uranium production in Kazakhstan amounted to 5 235 tU.
The expected total income of NAC Kazatomprom JSC made up KZT 144 bln. 851 mln. for the first half of 2011, which is 37% higher than in the corresponding period of 2010. Such income growth was caused by increase in sales of uranium products.
According to preliminary data, net income for the first 6 months of 2011 was KZT 30 bln. 369 mln., which is 63% higher than that in the same period of the last year.
NAC 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 purpose equipment, technologies and double-use materials. The main activities of the company are: geological exploration, uranium production, manufacture of nuclear fuel cycle products, reactor construction, nuclear power plants, production of construction materials, the electric energy sector, scientific support of production and social welfare and training of personnel. Today Kazatomprom has more than 23,000 employees and is amongst the leading uranium production companies in the world.