Kazakhstan’s national atomic company Kazatomprom has announced the signing of a landmark agreement with ČEZ, a. s. on the supply of Kazakh natural uranium concentrates for the Temelín nuclear power plant in the Czech Republic.
The supply of Kazakh uranium during the next seven years can cover approximately one-third of uranium needs for Westinghouse-manufactured fuel assemblies for the Temelín nuclear power plant.
Kazatomprom is the world’s largest producer of uranium, accounting for approximately 21% of global primary uranium production in 2024.
The agreement with ČEZ marks a significant expansion of the company’s presence in Europe and further strengthens its position in the global uranium market.
ČEZ, a leading energy company in Central Europe and a key player in nuclear power generation, operates six nuclear reactors at the two nuclear power plants of Dukovany and Temelín, which supply around 36% of the Czech Republic’s electricity needs.
Vladislav Baiguzhin, Chief Commercial Officer of Kazatomprom emphasized the company’s efforts to grow its footprint in the European market and advance its strategy of diversifying sales portfolio. “This is another important milestone in our mission to be a partner of choice for the global nuclear energy industry. As we build on our previous contracts, partnerships such as this one with ČEZ, a. s., allow us to support energy security in the region while advancing our shared goals of decarbonisation and sustainability.”
Bohdan Zronek, Member of the Board and Chief of the Nuclear Energy Division of ČEZ, a. s., added: “Securing a partnership with Kazatomprom diversifies our portfolio of suppliers and have strategic importance for ČEZ and the Czech Republic. It ensures that our nuclear power plants will continue to have a stable and reliable source of fuel, which is essential for meeting our energy needs and driving our decarbonisation plan to achieve net-zero goals.”
