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World’s biggest uranium miner says it is unaffected by Kazakh turmoil

World’s biggest uranium miner says it is unaffected by Kazakh turmoil

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by January 6, 2022 Market
Published by
Reuters

By Mariya Gordeyeva and Olzhas Auyezov ALMATY (Reuters) – Kazatomprom, the world’s biggest uranium producer, said on Thursday it was operating normally with no impact on output or exports despite unrest in Kazakhstan. Uranium prices have risen after unrest in Kazakhstan which was spurred initially by protests against fuel price hikes. Spot prices hit $45.50 per pound on Wednesday, the highest since Nov. 30, according to a Platts assessment. But the central Asian country’s political turmoil does not seem to have so far affected key industries. “Uranium mining is going according to plan. There h…

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