RIYADH: Kazakhstan and Saudi Arabia have signed an agreement to cooperate in the peaceful use of nuclear energy.
The agreement was signed in Riyadh yesterday during a visit by Kazakhstan President Nursultan Nazarbayev.
The agreement was signed by Kazakh energy minister Kanat Bozumbayev and King Abdullah City for Atomic and Renewable Energy (KA-CARE) president Hashim bin Abdullah Yamani.
Bozumbayev said, “Kazakhstan is a leader in the production of natural uranium. We have a joint venture with Russia for uranium enrichment. We produce [fuel] pellets; we are at the stage of creating fuel assemblies. We have the necessary experience, which we can share with our Saudi colleagues.”
Kazakhstan has 12% of the world’s uranium resources and an expanding mining sector, producing about 23,800 tonnes in 2015, and planning for further increase to 2018.