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Kazatomprom Maintains ‘BBB’ Credit Rating with Stable Outlook
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Kazatomprom Maintains ‘BBB’ Credit Rating with Stable Outlook

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The latest update is out from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ).

Kazatomprom has had its credit rating affirmed at ‘BBB’ with a stable outlook by Fitch Ratings, highlighting its strong financial position and global leadership in uranium production. This affirmation underscores Kazatomprom’s strategic importance in the uranium market, supported by its low-cost production, extensive reserves, and long-term utility partnerships, reinforcing its stable operational and financial trajectory.

More about National Atomic Company Kazatomprom JSC GDR RegS

Kazatomprom is the world’s largest producer of uranium, responsible for approximately 20% of global uranium production in 2023. The company operates primarily in Kazakhstan, using in-situ recovery technology across 27 deposits. Focused on high health, safety, and environmental standards, Kazatomprom’s key markets include China, South and Eastern Asia, Europe, and North America, with sales through long-term and spot market contracts.

YTD Price Performance: -1.06%

Average Trading Volume: 926

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.67B

For a thorough assessment of NATKY stock, go to TipRanks’ Stock Analysis page.

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