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    KZAP   KZ1C00001619

JSC NATIONAL ATOMIC COMPANY KAZATOMPROM

(KZAP)
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JSC National Atomic Kazatomprom : Kazatomprom Takes Part in the World Nuclear Association Symposium

09/15/2021 | 06:42am EDT

The Chief Commercial Officer of NAC "Kazatomprom" JSC Askar Batyrbaev was invited by the World Nuclear Association (WNA) to participate as a speaker at the annual Symposium, which took place online September 8-10, 2021.

The event was attended by more than 250 industry experts from more than 30 countries. The Symposium highlighted the importance of preserving the existing global nuclear power plant fleet, while also working to further advance the use of nuclear technology in order to achieve the UN carbon-reduction and climate goals.

Kazatomprom's presentation discussed recent developments in the uranium market, including the 2020 supply-side disruptions that were required to protect personnel at Kazakhstani mines and at mines all over the world, which exposed the "fragility" of the near-term market. At a time when demand for uranium is growing, both from utilities and from financial institutions, the impact has been particularly noticeable. As noted in the presentation delivered by Mr. Batyrbayev, potential uranium supply is not guaranteed, and there remains a risk that there may not be enough material available to satisfy all existing global demand in the mid- to long-term.

Kazatomprom's presentation, along with those delivered by the other nuclear experts in attendance at the Symposium, have been summarized and reflected in various industry news publications, including UxC, TradeTech, World Nuclear News, and others. A replay of the full event is now available until 31 October 2021 athttps://www.wna-symposium.org/(paid registration).

Disclaimer

NAK Kazatomprom AO published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 10:41:03 UTC.


© Publicnow 2021
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Financials
Sales 2021 688 B 1 617 M 1 617 M
Net income 2021 251 B 590 M 590 M
Net cash 2021 270 B 634 M 634 M
P/E ratio 2021 18,6x
Yield 2021 3,73%
Capitalization 5 183 B 12 184 M 12 186 M
EV / Sales 2021 7,14x
EV / Sales 2022 6,51x
Nbr of Employees 21 000
Free-Float 100%
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Last Close Price 19 985,00 KZT
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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
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