Kazakhstan’s national uranium company Kazatomprom signed fresh natural uranium supply contracts with major energy companies in India and China, according to a briefing held on 3 November 2026.

The agreements were disclosed following a meeting between President Kassym‑Jomart Tokayev and Kazatomprom Chairman Meirzhan Yussupov, during which Yussupov outlined the firm’s operations and progress on its 2025‑2034 development strategy.

Details such as the identities of the Indian and Chinese buyers, contract values, volumes or delivery schedules were not released by the company or the government.

The deals build on earlier transactions: a February 2026 agreement with India’s Department of Atomic Energy’s Directorate of Purchase and Stores for uranium oxide (U3O8) deliveries, and an August 2026 arrangement with China’s State Nuclear Uranium Resource Development Company (SNURDC), a subsidiary of SPIC, to ship concentrate to Alashankou railway station.

Kazatomprom’s expansion of export partnerships coincides with Kazakhstan’s broader push to strengthen uranium production capacity, including exploration across six sites covering more than 1,000 km² and a new project at the Kyzyltu site (≈124 km²).

The contracts also align with Kazakhstan’s plan to create a strategic uranium reserve of at least 150,000 tons by 2050, intended to secure fuel supplies for its upcoming domestic nuclear power plants, such as the 2,400 MW Balkhash project with Rosatom and a second plant led by CNNC.

Kazakhstan remains the world’s largest uranium producer, accounting for roughly 40 % of global output in 2025 and delivering about 25,839 tons that year, reinforcing its role as a key supplier to expanding nuclear markets in India and China.