Kazakhstan is using uranium to position itself among the big ones

Kazakhstan is one of the largest suppliers of uranium raw materials to world markets, at a time when the countries of the world are rushing to get this very important metal.

The processes taking place in the world today force us to move very actively towards the diversification of the economy and change the nature of our economy, said Aidos Sarem, a member of the Parliament of Kazakhstan, in press statements.

“Today we are doing a lot of work not only in the oil and gas sector, but also in the mining sector,”he added.

Kazakhstan has begun to think about the construction of a nuclear power plant, which will be put to a vote in an official referendum.

President of Kazakhstan Kassym-Jomart Tokayev, addressing the people on the first of September, said that the development of nuclear energy is an economic and political issue of particular importance.

That is why I propose to put it to a national referendum. “The exact dates will be determined later,”he added. Kazakhstan ranks second in the world in terms of proven reserves of natural uranium.

About 14 percent of all proven world reserves are concentrated in the depths of the Republic of Kazakhstan.

The total proven reserves of the country and its reserves are estimated at more than 700 thousand tons of uranium OF 2009, Kazakhstan took the first place in uranium mining globally, and continues to maintain its leading position in the world market. Kazakhstan produces about 40 percent of the world’s uranium production. In 2021, the volume of uranium production reached 21,800 tons, according to the results of 2022 – 21,300 tons.