Kazakhstan’s national nuclear company Kazatomprom has concluded an agreement on opening a credit line to finance the construction of a sulphuric acid plant – less than a year after it said shortages of the chemical were partly to blame for a cut its 2025 production target.
The credit agreement was signed with the Development Bank of Kazakhstan JSC and Taiqonyr Qyshqyl Zauyty, the partnership company formed to oversee the construction project.
Kazatomprom said the plant, in the Turkestan region in the south of the country, will have a capacity of about 800,000 tonnes per year.