Tag: $NAC Kazatomprom

Kazatomprom, the world’s largest uranium producer, has slashed its production target for 2025 due to project delays and sulphuric acid shortages, threatening to squeeze supplies of the radioactive fuel vital for nuclear power.

Kazatomprom signed a new agreement with the Kazakhstan government for uranium mining at its Inkai 3 deposit, as the world’s largest uranium producer bolsters its position.

NAC Kazatomprom net profit fell for the first quarter on lower natural uranium sales. Kazatomprom, the world’s largest producer of uranium, said sales of natural uranium fell 55% mostly due to the timing of customer-scheduled deliveries.

The world’s largest producer of uranium, NAC Kazatomprom, said first-quarter production rose but sales volumes tumbled on weaker demand, while it backed its full-year guidance.