• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Kazakhstan’s Uranium Industry and the Middle Corridor Come Together
Finance

Kazakhstan’s Uranium Industry and the Middle Corridor Come Together

February 20, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Kazakhstan’s Uranium Industry and the Middle Corridor Come Together
Share
Facebook Twitter LinkedIn Pinterest Email
Advertisement

The Trans-Caspian International Transport Route (TITR), commonly known as the Middle Corridor, is going nuclear as Kazakhstan’s National Atomic Company, Kazatomprom, announced in December the delivery of natural uranium to Canada. As Russian ports and transport routes are under sanctions due to the war in Ukraine, Kazakhstan is looking for alternative ways to reach international markets; thus Astana has supported the Middle Corridor since the war commenced. The recent uranium delivery is not the first and will likely not be the last.

Kazatomprom has not detailed how much uranium was delivered or whether future deliveries via the Middle Corridor will occur soon. However, the route the uranium took has been made public: by “26 October 2022, the KAP-owned portion of the shipment had reached the Port of Poti [Georgia] and was waiting for additional material from JV Inkai to arrive.” A chartered vessel carrying material from both companies eventually arrived at “a Canadian port.”

The Kazakhstani company noted that this is not the first delivery of material using the TITR. The uranium producer has utilized the “TITR as an alternative route for delivering Kazatomprom’s material to Western customers since 2018, helping to mitigate the risk of the primary route through St. Petersburg.” As the war in Ukraine lingers in a winter campaign and will marks its first anniversary in February, we can expect Kazatomprom to utilize the Middle Corridor for future shipments.

Anecdotally, Kazakhstan and Canada have generally cordial uranium-related relations; case in point, the Kazakh-Canada Business Council held its fifth anniversary meeting on November 25. Yerzhan Mukanov, CEO of NAC Kazatomprom JSC, noted, “Kazatomprom and [Canada’s] Cameco were honoured to act as co-chairs of this bilateral dialogue platform. Our companies are linked by many years of fruitful cooperation, which began with the establishment of the Inkai joint venture in 1996.”

See also  Here are the world's top 200 fintechs: CNBC and Statista

Inkai, a joint venture between Canada’s Cameco and Kazatomprom, mines uranium by in situ leaching at the Inkai deposit in Turkestan, South Kazakhstan.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

The Central Asian nation has around 12 percent of the world’s uranium reserves. Moreover, it is the largest producer of uranium, producing in 2021 the largest share of uranium from mines (45 percent of world supply), with 21,819 tonnes U.

The TITR is an alliance between companies across Azerbaijan, Georgia, Kazakhstan, and Turkey, with headquarters in Ankara. Following the war in Ukraine, European and other customers have looked to the corridor to access vital resources, particularly energy, in the Caucasus and Central Asia by bypassing Russia. The Coordination Committee for the Development of the Trans-Caspian International Transport Route was established in 2014, but the corridor has gained international relevance since the war started. For example, in early January, Kazakhstan used the Corridor to ship 20 train cars full of lentils to Turkey.

In November, the ministers of foreign affairs and transportation of the four-member countries met in Aktau and signed the Roadmap for 2022-2027, “aimed at improving the efficiency of the Trans-Caspian International Transport Route, as well as simultaneously eliminating bottlenecks along the entire route.” Bottlenecks are a severe concern that affects how much cargo can go through the corridor. “In a recent interview with Eurasianet, Gaidar Abdikerimov, the secretary-general of the TITR association, described limitations in the infrastructure of Azerbaijan and Georgia as the route’s main ‘bottleneck,’” wrote renowned Almaty-based journalist Joanna Lillis. (Armenia is not a member of the TITR due to well-known tensions with Azerbaijan and Turkey).

See also  CCP-Tied EV Manufacturer Dethrones Tesla As Global Industry Leader
Advertisement

Astana is betting heavily on the Middle Corridor as a route to access the international energy market (energy and mining exports being the cornerstone of the country’s economy) and increase its international image. The strategy has worked as European governments and companies are regularly engaging Astana to discuss the corridor. For example, Kazakhstan’s embassy in Belgium organized a roundtable this past June 15 titled: “Transit and Transport cooperation between Kazakhstan and European Union: Prospects for the development of Middle Corridor.” About 150 participants from 18 countries participated.

Apart from Aktau port, Astana is looking to improve segments of transportation infrastructure across the country. This strategy includes rail freights going paperless to improve speed and reduce bureaucracy. 

The transfer of Kazatomprom’s uranium through the Middle Corridor, from Kazakhstan to Georgia and then to Canada, is not a new development. However, it becomes very relevant given the war in Ukraine. Should the conflict continue, as it probably will, the TITR could become Kazatomprom’s preferred transportation route rather than an alternative. As for Kazakhstan, betting on the corridor appears to be paying off, given the growing amount of goods flowing through the TITR to European markets.

However, as even the TITR leadership has admitted, there are bottlenecks in nodes of the corridor. Thus, while Astana plans to improve transportation infrastructure in its territory, particularly regarding Aktau port and railways, more must be done to improve connectivity across other TITR states. For the Middle Corridor to reach its full potential, leadership is mandatory to maintain the momentum and achieve greater cooperation, and Astana has much to gain from taking a leading role.

See also  What Does Huawei’s Homemade Chip Really Mean for China’s Semiconductor Industry?
Corridor Industry Kazakhstans Middle Uranium
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

February 18, 2026

This Growing Industry Could Cause ‘Massive’ Disruptions To US Economy, Experts Warn

January 28, 2026

Trump Orders DOJ To Probe Meatpacking Industry, Slams ‘Illegal Monopolies’

November 8, 2025

Trump Admin Reportedly Close To Gobbling Up Stakes In Key Growing Industry

October 23, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Challenging Misconceptions About Addiction And Recovery

March 26, 2024

How Mandy Moore Manages Her Eczema

November 14, 2023

My Dad The Bounty Hunter season 2 episode 1 release date, where to watch, and more

August 14, 2023

REPORT: Cleveland Browns Player Robbed At Gunpoint, Police Say

June 11, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Girls’ Team Banned After Refusing to Compete Against Male Student

March 22, 2023

Kanye West Says 1 Actor Made Him ‘Like Jewish People Again’ In Bizarre Post

March 25, 2023

Top American CEOs Are Quietly Jet Setting To China To Reforge Business Ties As US Relations Sour

June 12, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.