OREANDA-NEWS. February 07, 2011. JSC NAC Kazatomprom has summarized the preliminary results of production activities for the year 2010, according thereof all productions plans and forecast targets have been implemented as scheduled for 2010 by the Holding Enterprises, reported the press-centre of KASE.

The uranium production output for 2010 was totaled to 17,803 tons that exceeded the targeted volume by almost 30% comparing to 2009. Thus for the period 2009-2010 the volume of uranium production in the Republic of Kazakhstan was increased by 2 times.

The uranium sales volume of JSC NAC Kazatomprom, excluding subsidiaries and joint ventures, was amounted to 9,000 t U in 2010, the revenue of uranium product in 2010 was increased by 30% in comparison with 2009.

By the end of 2010 the portfolio of orders of JSC NAC Kazatomprom was amounted to about \\$ 17 billion.

The net income of JSC NAC Kazatomprom in 2010 is expected to be about 53 billion Tenge, exceeding the figures of 2009 by 24%. Such increase in income is explained by growth in sales volume of uranium production.

In May 2010 JSC NAC Kazatomprom made the debut issue of eurobonds amounting to \\$ 500 million, for 5 years with a coupon rate of 6.25%. The bonds were issued in accordance with RegS/144A and Kazakhstan legislation. The eurobonds were offered on the regulated securities market of the Republic of Kazakhstan along with the bonds placement in the territory of foreign countries. The funds raised from the placement of eurobonds are to be used for general corporate purposes. The issue was led by JPMorgan, BNP Paribas and JSC Halyk Finance.