Kazatomprom secures exploration rights for Kyzyltu uranium block

Astana, Kazakhstan - Kazakhstan's state-owned nuclear company, Kazatomprom, has secured exploration rights for a uranium block in the Kyzylorda region, according to a press release. The subsoil use license grants the company exclusive rights to conduct uranium exploration at the Kyzyltu block for a period of six years. Preliminary estimates suggest the block may contain around 10,000 tonnes of uranium resources.

Work on exploration is expected to commence soon. This move reflects Kazatomprom's ongoing strategy to broaden its mineral resource portfolio. CEO Meirzhan Yussupov commented on the significance of obtaining the license for the Kyzyltu block.

Meanwhile, the company also addressed recent changes to Russian regulations concerning sulphuric acid exports. In September 2026, the Russian government issued Resolution No. 1158, which introduced a revised approval procedure for sulphuric acid exports until December 31, 2026. While not prohibiting exports, the measures necessitate approvals from the Russian Prime Minister or Deputy Prime Minister.

Kazatomprom's Russian sulphuric acid suppliers have confirmed their willingness to fulfill existing contractual obligations for 2026 deliveries and are currently submitting necessary documentation to secure export approvals. Discussions regarding 2027 supply terms are ongoing. Kazatomprom remains confident that the new Russian export measures will not significantly impact its operations or production forecasts for 2026.