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Antoine Magnier

Jul 14, 2026

20:02
So could you maybe walk us through what Astana is, is trying to do with that subsoil reform and whether or not, it may be too early, but whether or not it's working, or are there prospects that it will work?
20:13
The goal now is basically, as you said, to trade access to uranium.
20:17
So to, to, to escape that ex-extractive position, the goal is to trade access to uranium for technological transfer in order to move up the, the value chain in the nuclear industry.
20:29
So in December twenty twenty-five, Kazakhstan decided to do a reform about the subsoil agreement.
20:35
That reform in December twenty twenty-five come after a year of change in the way Kazatomprom and Kazakhstan decided to manage the uranium resource domestically.
20:44
And so we need to go back just a little bit further than that.
20:47
It's in Jan-January twenty twenty-five, both Kazakh- Kazakhstan, Kazatomprom acted the reorientation of the global management strategy.
23:55
Do you think this line that Kazakhstan is taking is liable to be effective in, in helping it minimize dependency? What is your view on the matter?

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