The uranium market is witnessing a significant shift due to recent developments in production cuts by the world's top uranium producer, Kazatomprom, and the increasing demand for nuclear power across various nations These changes are creating a favourable environment for uranium project developers, who are now seeing a stronger outlook for prices and supply agreements
Kazatomprom's Production Cuts
Kazatomprom, the state-run miner from Kazakhstan, announced a reduction in its 2024 production guidance by up to 14%, signalling a potential shortfall in production targets into 2025
Please login to your account to read an unabridged text.
If you don't have an account, you can create it free by registering here.
Source and Credit: mining.com
