
Kazakhstan’s National Uranium Producer Plans To Increase Production By 7-14 Percent This Year
ALMATY, Jan 28 (NNN-XINHUA) – Kazatomprom, Kazakhstan’s national atomic company, plans to produce between 25,000 and 26,500 tonnes of uranium this year, according to a company statement released yesterday. This would represent a seven to 14 percent rise from its 2024 production of 23,270 tonnes.
The company expects that, uranium production from most mining companies will experience varying percentage decreases, compared to the levels planned under existing subsoil use contracts, with these reductions remaining within an acceptable 20 percent deviation.
Kazatomprom also reported a 10 percent increase in uranium production for 2024, reaching 23,270 tonnes, compared to the previous year, the statement added.
The company is scheduled to release further details on its financial performance for 2024, on March 19.
Kazatomprom is the national operator for the export of uranium, rare metals, nuclear fuel, and related technologies.
– NNN-XINHUA