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National Atomic Company Kazatomprom JSC GDR RegS ( (GB:KAP) ) has provided an update.
Kazatomprom announced the temporary suspension of production at the Inkai deposit’s block No. 1 due to delayed approval from Kazakh state authorities. Despite the pause in operations, Kazatomprom expects minimal impact on its 2025 production plans and remains committed to fulfilling customer obligations, supported by adequate inventory levels.
More about National Atomic Company Kazatomprom JSC GDR RegS
Kazatomprom is the world’s largest producer of uranium, accounting for approximately 20% of global primary uranium production in 2023. The company operates 27 deposits in Kazakhstan, utilizing ISR technology while maintaining high health, safety, and environmental standards. Kazatomprom’s primary customers are nuclear generation operators, with significant export markets in China, South and Eastern Asia, Europe, and North America.
Average Trading Volume: 1,290
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.79B
See more insights into KAP stock on TipRanks’ Stock Analysis page.
