Kazatomprom's positive outlook continues with rising uranium prices and increased production, forecasting a strong 2023 despite potential sales volume challenges in 2024; however, a sulphuric acid shortage poses a risk to production and revenues, yet...

Kazatomprom, headquartered in Astana, Kazakhstan, is the world's largest uranium producer, accounting for 23% of global uranium output. With ambitious plans to increase production by 46% by 2025, the company has exhibited impressive financial growth, reflected in a 236% surge in its stock price over the past five years. What sets Kazatomprom apart is ...