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National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) just unveiled an announcement.
Kazatomprom has obtained a subsoil use license for uranium exploration at the Inkai-Mynkuduk block in Kazakhstan, reinforcing its strategic focus on expanding its mineral resource base. This development is expected to enhance Kazatomprom’s leadership in the global uranium market and support its long-term growth plans, amid increasing global interest in nuclear energy as a sustainable energy source.
More about National Atomic Company Kazatomprom JSC GDR RegS
Kazatomprom is the world’s largest producer of uranium, contributing approximately 20% to global primary uranium production in 2023. Based in Kazakhstan, the company operates 27 deposits across 14 mining assets using in-situ recovery (ISR) technology, emphasizing high standards in health, safety, and environmental practices. Kazatomprom’s products primarily serve nuclear generation operators across China, South and Eastern Asia, Europe, and North America. The company’s securities are listed on the London Stock Exchange and the Astana International Exchange.
YTD Price Performance: -0.38%
Average Trading Volume: 720
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.71B
See more insights into NATKY stock on TipRanks’ Stock Analysis page.
