Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Kazakhstan
  4. Kazakhstan Stock Exchange
  5. JSC National Atomic Company Kazatomprom
  6. News
  7. Summary
    KZAP   KZ1C00001619

JSC NATIONAL ATOMIC COMPANY KAZATOMPROM

(KZAP)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

JSC National Atomic Kazatomprom : Kazatomprom Joins IAEA Group of Vienna

09/23/2021 | 02:52am EST

23 September

JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company"), represented by Chief Executive Officer, Mazhit Sharipov, joined Kazakhstan's national delegation in attending the International Atomic Energy Agency's (IAEA) 65th annual General Conference, held in Vienna from 20 September 2021 through 24 September 2021. The cornerstone event for the global nuclear community invited presentations, debates and discussions covering all facets of the sector, from climate and environmental benefits, to advances in safety, non-proliferation and security, to developments in the peaceful uses of new and existing nuclear technologies. As part of the conference, Mr. Sharipov, along with an invited group of nuclear industry leaders and CEOs, joined IAEA Director General Grossi for the innaugural meeting of the Group of Vienna ("the Group").

"The Group's objective is to establish a platform to address current global challenges through the effective and sustainable use of nuclear technologies, by fostering innovation in the nuclear sector," said Mr. Sharipov. "Discussions at the event were centred on the important developments and innovations in the nuclear field, exploring how the private sector might be able to partner with the IAEA to enhance the deployment of nuclear technologies for peaceful purposes. Kazatomprom was honored to join Director General Grossi as a founding member at the launch of this important and ongoing project."

"Today's meeting marks a milestone that in the coming years and decades, will yield many substantive benefits," Director General Grossi said. "The existential threats of our times require all actors to work together in order to secure a better future for coming generations. The Group of Vienna will be a key pillar to expand these concerted efforts. Respecting our different roles and responsibilities, there is much we can accomplish together and it is a great honour to host a meeting of such a prominent group of leaders in the nuclear industry."

Nuclear power is making a significant contribution in the shift towards clean and modern energy generation, and it can be part of the solution to reducing the impact of climate change. As a reliable and sustainable source of low-carbon energy, it has an important role to play in the increasingly urgent efforts to limit a relentless rise in temperatures causing more frequent extreme weather events.

The founding members will support the IAEA in its mission to accelerate and enhance the contribution of nuclear technologies and atomic energy to meet environmental, social, and economic goals. Representing all areas of the nuclear power sector and related nuclear fuel cycle activities, companies include Kazatomprom, China National Nuclear Corporation, Électricité de France, Eletronuclear, Mitsubishi Heavy Industries, Nucleoeléctrica Argentina, NuScale Power, Rolls Royce SMR, ROSATOM, SNC-Lavalin Power Group, Teollisuuden Voima Oyj, Urenco and Westinghouse Electric Company. The Group of Vienna will meet annually, with the possibility of inviting additional stakeholders depending on the topics to be discussed.

The full Joint Statement issued by the Group can be found on the IAEA's website, located here:

https://www.iaea.org/sites/default/files/21/09/group-of-vienna-joint-statement.pdf

For further information, please contact:

Kazatomprom Investor Relations Inquiries

Cory Kos, Director of Investor Relations

Tel: +7 (8) 7172 45 81 80

Email: ir@kazatomprom.kz

Kazatomprom Public Relations and Media Inquiries

Torgyn Mukayeva, Chief Expert of GR & PR Department

Tel: +7 (8) 7172 45 80 63

Email: pr@kazatomprom.kz

About Kazatomprom

Kazatomprom is the world's largest producer of uranium, with the Company's attributable production representing approximately 23% of global primary uranium production in 2020. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the Company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.

Kazatomprom securities are listed on the London Stock Exchange, Astana International Exchange, and Kazakhstan Stock Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please see the Company website at http://www.kazatomprom.kz

All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements give the Company's current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target," "believe," "expect," "aim," "intend," "may," "anticipate," "estimate," "plan," "project," "will," "can have," "likely," "should," "would," "could" and other words and terms of similar meaning or the negative thereof. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company's control that could cause the Company's actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which it will operate in the future. THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE REALISED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN. The information contained in this communication or document, including but not limited to forward-looking statements, applies only as of the date hereof and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to such information, including any financial data or forward-looking statements, and will not publicly release any revisions it may make to the Information that may result from any change in the Company's expectations, any change in events, conditions or circumstances on which these forward-looking statements are based, or other events or circumstances arising after the date hereof.

Disclaimer

NAK Kazatomprom AO published this content on 23 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2021 06:51:01 UTC.


ę Publicnow 2021
All news about JSC NATIONAL ATOMIC COMPANY KAZATOMPROM
11/23Kazatomprom Signs Agreement To Set Up Uranium Fund ANU Energy
MT
11/22JSC NATIONAL ATOMIC KAZATOMPROM : Kazatomprom Presenting at Bloor Street Capital Virtual C..
PU
11/19JSC National Atomic Company Kazatomprom Reports Earnings Results for the Third Quarter ..
CI
11/12Kazatomprom Inks Uranium Supply Term Contracts with Chinese Companies
MT
11/12JSC National Atomic Company Kazatomprom Signs Term Contracts with China
CI
11/01JSC National Atomic Company Kazatomprom Reports Production Results for the Third Quarte..
CI
11/01JSC NAC Kazatomprom Provides Earnings Guidance for the Full Year 2021
CI
11/01JSC NAC Kazatomprom Provides Production Guidance for the Full Year 2021
CI
10/29Kazatomprom Takes Part in China Mining Conference and Exhibition 2021
PU
10/29Yellow Cake to Buy 2 Million Pounds of Uranium from Curzon
MT
More news
Financials
Sales 2021 696 B 1 595 M 1 595 M
Net income 2021 215 B 492 M 492 M
Net cash 2021 259 B 594 M 594 M
P/E ratio 2021 16,9x
Yield 2021 10,2%
Capitalization 4 621 B 10 587 M 10 588 M
EV / Sales 2021 6,26x
EV / Sales 2022 5,00x
Nbr of Employees 21 000
Free-Float 100%
Chart JSC NATIONAL ATOMIC COMPANY KAZATOMPROM
Duration : Period :
JSC National Atomic Company Kazatomprom Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 17 819,00 KZT
Average target price 23 328,00 KZT
Spread / Average Target 30,9%
EPS Revisions
Managers and Directors
Mazhit Sharipov Chairman-Management Board & CEO
Kamila Syzdykova Chief Financial Officer
Neil Longfellow Chairman
Aslan Bulekbay Chief Operating Officer
Russell Francis Banham Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
JSC NATIONAL ATOMIC COMPANY KAZATOMPROM149.22%10 840
NEXGEN ENERGY LTD.67.52%2 216
PALADIN ENERGY LIMITED218.00%1 525
ENERGY FUELS INC.97.22%1 310
DENISON MINES CORP.133.33%1 251
LARGO INC.-16.67%622