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CGN MINING(1164.HK)NEWLY PROPOSED POLICY IN KAZAKHSTAN:LITTLE IMPACT ON ASSET RIGHTS BUT RISK TO VALUATION
格隆汇· 2025-12-10 05:51
机构:招银国际 研究员:Wayne Fung What's new? According to news report , the draft by Kazakhstan lawmakers to tighten the control of uranium mining JVs has been passed by the lower house and await Senate review. The draft requires Kazatomprom (KAP LN, NR), the state-owned and world largest uranium producer in terms of production volume, to receive 90% stake in JV upon contract renewal. KAP has long been having a number of JVs with different foreign partners in uranium mining in Kazakhstan. According to KAP, negotiatio ...