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Tue. Aug 18th, 2026
Trending News: China Added 200,000 Bpd to Crude Reserves in July Despite Hormuz CrisisJapan’s Oil Crisis Eases, But the Import Bill Keeps ClimbingIraq-Syria Oil Pipeline to Bypass Hormuz Is 4 Years and $15 Billion AwayChina’s Renewables Boom Faces Record Clean Power CurtailmentsDiversifying helium: Can dedicated projects reshape global supply?Hormuz Tanker Traffic Slows to a TrickleIndia Lets Delayed Renewable Projects Pay to Keep Grid AccessIndian Oil Giant Secures U.S. License to Return to VenezuelaAsian Refiners Seek Alternative Pickup Point for Saudi CrudeIndia’s Chief Economic Adviser Calls for Return of E10 PetrolChina Oil Imports Jump 22% Even as Economic Data DisappointsHow Phoenix is capitalizing on the Southwest’s opportunityIndia Daily: SECI Seeks Inputs for RE PMU, UPERC Rejects UPRVUNL Solar Petition, Adani Acquires Vizag Transmission SPV, KERC Drafts 2026 Supply Rules, Telangana Eyes 2,545 MW Solar and More…How ReNew Is Advancing Its Net-Zero and Sustainability Roadmap: Key Takeaways From Its FY2025–26 Integrated ReportCATL Achieves Carbon Neutrality Across Core Operations, Targets Full Value Chain by 2035Why Has Oil Not Rallied to $150 or Higher?Türkiye And Saudi Arabia Expand Renewable Energy Partnership To 5,000 MWPodcast | Gas distribution done right: design, reliability, and performance from source to point-of-useBangladesh tragedy shines spotlight on LNG shipbreaking safetyShell Energy Philippines Advances 30 MW/60 MWh Hermosa Battery Storage ProjectAWG appoints Vice-President of Operations for the North RegionTencent drives carbon utilisation ‘out of the lab’US CO2 Outlook Report H1 2026U.S. West Coast Refiners Tap Malaysian SupplySouth Africa’s Top Court Blocks Shell Wild Coast ExplorationIAEA sees enhanced safety at Philippine research reactorBlue Energy, GE Vernova take gas-plus-nuclear collaboration to next stageIndia begins public consultation on SHANTI Bill rulesChevron strikes oil and gas in Angola’s Block 0, eyes tieback developmentKazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil ProjectHormuz Tanker Traffic Slumps as U.S.-Iran Standoff Drags OnVance Says Cheap Oil and Gas Is Top U.S. Priority in Iran WarMiddle East Oil Tankers Are Going Dark for LongerDrone Strike Sparks Blaze at Key Russian Oil and Fuel TerminalHormuz Crisis Pushes Asian Refiners Toward U.S. OilIndia’s Coal Demand Set to Hit 1.6 Billion Tons by 2030Holcim UAE starts cement carbon capture pilot projectQatar Ras Laffan train five ‘goes offline’Vietnam’s Bac Ninh semiconductor investment hits $2.7bnIndia Daily: India Power Capacity Tops 550 GW, CEA Sets New Cybersecurity Rules, CSPDCL Advances 500 MWh BESS, India Accelerates Smart Meters, Kerala Rejects KINESCO Licence and More…CERC Approves GNA Milestone Extensions With New Charges For Renewable Energy ProjectsSaatvik Green Energy Reports INR 511 Crore Q1 FY27 Revenue, Order Book Reaches 5.89 GWGreen Energy Stocks Deliver Mixed Performance As Sensex And Nifty End Lower (14 August 2026)CIP Closes USD 3 Billion Growth Markets Fund II to Back Large-Scale Renewable Energy ProjectsOil Shocks Could Accelerate EV Adoption, WoodMac SaysU.S. Backs X-Energy Reactor With Up to $2.15 BillionOil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags OnRussia Captures Record Share of India’s Oil MarketNeogenyx to break ground on Nebraska RNG facilityUS to Soon Unveil Unprecedented Sanctions on IranArgentina LNG applies to Rigi investment scheme for $51bn LNG projectGovernment approves extended operation of Almaraz plantTerraPower expands cooperation with Korean partnersNuclea Energy to acquire Moltex Energy technology portfolioConstruction starts at Saskatchewan uranium mineDecommissioning Spending in UK North Sea Hits Record HighRomania Shuts Down Last Nuclear Reactor As Danube Hits 90-Year LowUkraine Strikes Gazprom’s 200,000-Bpd Salavat Refinery in the UralsGlobal Refining System Has Little Spare Room LeftChinese foundries record triple–digit quarterly growthIndia Drives a Global Surge in New Coal Mine PlansNew Zealand Approves New Oil and Gas Production as Energy Security Concerns GrowHigh Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals IndustryAlaska LNG Pipeline Bill Dies in Legislature, Governor Fires BackIndia Eyes Two New Sites to Expand Strategic Oil ReservesNew opportunities for CO2 in food and beverage decarbonisationHow CO2 could help reduce water use in data centresBlack Moon Energy and TAE explore helium-3 fuel in nuclear powerAnalysis: Should industrial gas adopt auto-style supply chain safety nets?Green Energy Stocks Trade Mixed As Market Volatility Weighs On Renewable Sector (13 August 2026)United Solar Welcomes U.S. Section 232 Measures on PolysiliconSaudi Arabia Completes $8.5 Billion Green Hydrogen Plant In NEOMTrump Puts 81 Million Gulf Acres Up for Oil and Gas AuctionUkraine Halts Oil Tanker Attacks on JD Vance RequestPutin Opens New Front in Shadow Fleet Fight With Threat to Seize EU ShipsOil Prices Fall as OPEC and IEA Slash 2026 Demand OutlooksSouth Korean Fleet Reshuffle Creates Asia’s Largest LNG Carrier OperatorSungrow Ranked No. 1 in Global BESS Integrator and Solar Inverter Rankings by Wood MackenzieSolar & Storage Expo Chhattisgarh 2026 Concludes on a High Note in Raipur, Bringing Together 3,500+ Industry ProfessionalsUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityU.S. Crude Inventories Rise by Most in 3.5 Years as Exports SlumpBofA to Plow $250 Billion Into Critical Infrastructure ProjectsTop US Refiners See Profits Soar, Step Up Investor RewardsShift CCUS funding onto producers recommends IPPRShift CCUS funding onto producers recommends IPPRSK Shipping to become Asia’s largest LNG carrier under K-LNG rebrandIran Boosts Military Posturing as Talks Hit DeadlockCNNC to procure contract for high-temperature reactorRomanian plant taken offline as Hungary moves to keep Paks operatingUS poll finds support for deep geologic disposalVirginia Data Center Boom Pushes Dominion Deeper Into Costly Power MarketUS to Offer 81 Million Acres in Gulf of Mexico Oil and Gas Lease SaleTrump Says US Has ‘Total Control’ Over Strait of HormuzUS Crude Stocks See Largest Weekly Rise in 3.5 Years, EIA SaysUS Gulf of Mexico Oil and Gas Lease Sale Attracts $82.7 Million in High BidsIEA: Global Oil Deficit To Hit 1.8 Million Bpd This QuarterIndian Refiners Seek 6 Million Barrels of Spot CrudeNorway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1USA Oil, Gas Workforce Hits Lowest Level in Years
Tue. Aug 18th, 2026

Funding secured for Kazakh sulphuric acid plant

Friday, 16 May 2025

Funding secured for Kazakh sulphuric acid plant
(Image: Kazatomprom)

The Development Bank of Kazakhstan JSC and Taiqonyr Qyshqyl Zauyty LLP (TQZ) “have concluded an agreement on opening a credit line to finance the construction” of the plant, Kazatomprom announced. The total investment cost for the project is about KZT113 billion (USD2.6 million). The loan financing from the Development Bank of Kazakhstan is expected to be KZT85 billion, it added.

Sulphuric acid is used in Kazatomprom’s in-situ leach uranium operations, but uncertainties over the supply of the vital reagent significantly impacted production plans in recent years.

TQZ is a partnership of Italian company Ballestra’s Kazakh partner, the licensor and supplier of technology and equipment, with a 60% ownership interest, and Kazatomprom-SaUran LLP with a 40% ownership interest. The partnership was founded by Kazatomprom in 2023 to implement the construction of the new plant.

The plant is scheduled for completion in the first quarter of 2027, and will make a “significant contribution to the economic and social development of the region”, Kazatomprom said. Some 500 jobs are expected to be created during the construction phase, and about 270 when it is in operation.

Article researched and written by WNN’s 

   

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