Kazakhstan, Tajikistan Sign MOU To Enhance Uranium, Rare Metals Cooperation

(MENAFN- Trend News Agency) DUSHANBE, Tajikistan, August 28. Kazatomprom, Kazakhstan's uranium producer, and Tajikistan's TajRedMet state-owned unitary enterprise have signed a Memorandum of Understanding (MOU) aimed at expanding cooperation in the fields of uranium mining, processing, and the exploration of rare and rare earth metals, Trend reports.

According to Kazatomprom, the agreement was signed during the official visit of Kazakh President Kassym-Jomart Tokayev to Tajikistan. The MOU establishes a strategic partnership that could significantly impact the mining industries in both countries.

Under the MOU, the companies will collaborate on various initiatives, including uranium exploration, mining, and processing, as well as research and development, the introduction of innovative technologies, and workforce training.

“While it is too early to discuss specific outcomes, we are focused on promising joint projects in the uranium sector, as well as in rare and rare earth metals. These projects are expected to benefit both Kazakhstan and Tajikistan significantly. We hope this MOU will serve as the foundation for long-term and productive cooperation, contributing to economic growth and technological advancement in both nations,” Meirzhan Yusupov, Chairman of Kazatomprom's Management Board said.

In the near future, TajRedMet representatives are expected to visit Kazakhstan to tour Kazatomprom's production facilities. This visit will be a crucial step in advancing joint projects and will allow both parties to better assess the potential for future collaboration.

Kazatomprom is the world's largest producer of uranium, accounting for approximately 20 percent of global primary uranium production in 2023.

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