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An update from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) is now available.
Kazatomprom has signed a memorandum of understanding with the Jordan Uranium Mining Company (JUMCO) to explore uranium mining opportunities in Jordan. This partnership aims to strengthen Kazakhstan’s position in the global uranium industry and supports strategic goals for resource expansion while offering new market opportunities. The collaboration will focus on joint studies for uranium exploration, emphasizing environmental sustainability and economic feasibility, and is expected to facilitate knowledge exchange and infrastructure development in Jordan, potentially impacting the local labor market and economy.
More about National Atomic Company Kazatomprom JSC GDR RegS
Kazatomprom is the world’s largest producer of uranium, holding approximately 20% of global production as of 2023. Based in Kazakhstan, the company operates 27 deposits and is ISO certified for health, safety, and environmental standards. It serves nuclear generation operators primarily in China, South and Eastern Asia, Europe, and North America, with its securities listed on the London Stock Exchange and Astana International Exchange.
YTD Price Performance: 2.07%
Average Trading Volume: 720
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $10.01B
See more insights into NATKY stock on TipRanks’ Stock Analysis page.
