IV session of the Kazakhstan-Canadian Business Council

27 November 2020
IV session of the Kazakhstan-Canadian Business Council

 

Plenary Session IV of the Kazakhstan-Canadian Business Council was held online on November 26, 2020. As part of the Business Council, five working groups were held in the following areas from November 12th to November 25th: Aerospace Industry and Transport, Energy and Natural Resources, Construction and Infrastructure, Agriculture and Agrotechnics, Healthcare and Education. The workshops were attended by representatives of government agencies and departments, quasipublic organizations and companies and business communities of the two countries.

The Business Council is chaired by Galymzhan Pirmatov, CEO of NAC Kazatomprom JSC and Tim Gitzel, President and CEO of Cameco.

Plenary Session IV of the Business Council was dedicated to Cooperation of Kazakhstan and Canada after the Pandemic: Recovery and Development. The parties discussed the issues of recovery and development of trade and economic relations, further strengthening of business ties and mutually beneficial cooperation between Kazakhstan and Canada after the pandemic.

Kazakhstan and Canada have been important and strategic trading partners for many years. The participants in the Business Council drew attention to the high potential of bilateral cooperation, expressed their intention to increase trade between the countries, and also noted the importance of improving the investment climate and strengthening business cooperation to implement the joint promising initiatives and projects.

Following the meeting, the parties confirmed their interest in looking for new directions for interaction between business communities and identified joint plans for the further development of long-term mutually beneficial cooperation.

 

For more information please call:

 

Investor Relations:

Cory Kos, IR & PR Director

Tel: +7 7172 45 81 80

Email: ir@kazatomprom.kz

PR & Media:

Torgyn Mukayeva, Deputy IR & PR Director

Tel: +7 7172 45 80 63

Email: pr@kazatomprom.kz

 

About Kazatomprom

Kazatomprom is the world’s largest producer of uranium, with the company’s attributable production representing approximately 24% of global primary uranium production in 2019. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 24 deposits grouped into 13 mining assets. All of the Company’s operations are located in Kazakhstan and mined using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.

Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. As the national atomic company in the Republic of Kazakhstan, the Group's primary customers are operators of nuclear generation capacity, and the principal export markets for the Group's products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as well as in the spot market, directly from its headquarters in Nur-Sultan, Kazakhstan, and through its Switzerland-based trading subsidiary, Trade House KazakAtom AG (THK).

For more information, please see our newly updated website at http://www.kazatomprom.kz

 

Forward-looking statements

All statements other than statements of historical fact included in this communication or document are forward-looking statements. Forward-looking statements give the Company’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. These statements may include, without limitation, any statements preceded by, followed by or including words such as “target,” “believe,” “expect,” “aim,” “intend,” “may,” “anticipate,” “estimate,” “plan,” “project,” “will,” “can have,” “likely,” “should,” “would,” “could” and other words and terms of similar meaning or the negative thereof.

Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the Company’s actual results, performance or achievements to be materially different from the expected results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which it will operate in the future. THE INFORMATION WITH RESPECT TO ANY PROJECTIONS PRESENTED HEREIN IS BASED ON A NUMBER OF ASSUMPTIONS ABOUT FUTURE EVENTS AND IS SUBJECT TO SIGNIFICANT ECONOMIC AND COMPETITIVE UNCERTAINTY AND OTHER CONTINGENCIES, NONE OF WHICH CAN BE PREDICTED WITH ANY CERTAINTY AND SOME OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. THERE CAN BE NO ASSURANCES THAT THE PROJECTIONS WILL BE REALIZED, AND ACTUAL RESULTS MAY BE HIGHER OR LOWER THAN THOSE INDICATED. NONE OF THE COMPANY NOR ITS SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, ADVISORS OR AFFILIATES, OR ANY REPRESENTATIVES OR AFFILIATES OF THE FOREGOING, ASSUMES RESPONSIBILITY FOR THE ACCURACY OF THE PROJECTIONS PRESENTED HEREIN.

The information contained in this communication or document, including but not limited to forward-looking statements, applies only as of the date hereof and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to such information, including any financial data or forward-looking statements, and will not publicly release any revisions it may make to the Information that may result from any change in the Company’s expectations, any change in events, conditions or circumstances on which these forward-looking statements are based, or other events or circumstances arising after the date hereof.

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