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ASTANA - Kazakhstan’s national atomic company, Kazatomprom (LON:KAPq), and the Jordan Uranium Mining Company (JUMCO) have signed a memorandum of understanding (MoU) to explore and potentially develop uranium mining projects in Jordan. The agreement was inked during the visit of Kazakhstan’s President Kassym-Jomart Tokayev to Jordan.
The MoU outlines a joint study to assess the feasibility of uranium exploration and mining in Jordan, with a focus on environmental sustainability and economic viability. The collaboration is set to leverage heap leaching mining technology and aims to refine geological characteristics and resource estimates of the deposits.
Meirzhan Yussupov, Chief Executive Officer of Kazatomprom, stated that the partnership with JUMCO aligns with Kazakhstan’s strategic goals to expand and efficiently utilize its resource base and to enhance its position in the global uranium industry. The potential development of projects outside Kazakhstan also presents an opportunity for Kazatomprom to gain global expertise and contribute to sustainable development.
Mohammad Al-Shannag, General Manager of JUMCO, expressed that the memorandum could accelerate Jordan’s commercial production of uranium and facilitate knowledge exchange, experience, and marketing techniques with Kazatomprom, a world leader in uranium production.
The initiative is expected to create labor opportunities, foster infrastructure development, and involve local contractors in Jordan. For Kazakhstan, the world’s leading uranium producer, entering the Jordanian market represents a significant step in expanding its global presence and strengthening bilateral economic ties with Jordan.
Both companies have committed to long-term cooperation based on safety, efficiency, and environmental responsibility. The partnership is expected to improve industry standards and establish a strong foundation for the uranium sector’s development in both countries.
This news is based on a press release statement from Kazatomprom.
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