One third of uranium supplied to South Korea is imported from Kazakhstan, according to Ambassador Extraordinary and Plenipotentiary of Kazakhstan to South Korea Dulat Bakishev.
“30% of uranium supplied to South Korea is imported from Kazakhstan,” the Ambassador noted.
The volume of commodity turnover between Kazakhstan and South Korea in 2016 comprised $676 million ($223 million – export and $453 million – import). Compared to 2015, this indicator has fallen more than twofold. Kazakhstan exports uranium, ferroalloys, steel and pig iron, gold and copper to South Korea and imports equipment, grown goods, cars, machine building products etc.
According to the Ministry of Energy, in 2009 Kazakhstan was the world’s largest uranium supplier and maintains its leading position on the global uranium market despite unfavorable price situation. Kazakhstan produces almost 40% of the global uranium output. (Kazinform/Ukrainian metal)