Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target
Kazatomprom lowered its guidance for production for this year by 12% to 14% The company, listed in London and controlled by the Kazakhstan government, had warned in January that it was likely to fall short of its output goals over the next two years
Paladin Energy Ltd shares jumped as much as 7 4% in Sydney and Boss Energy Ltd was up as much as 8
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Source and Credit: mining.com
