15 January, 2017
Kazakhstan to reduce uranium production to maintain global prices
Askar Zhumagaliyev, the chairman of Kazakhstan’s national atomic company Kazatomprom, on January 10 announced that due to the prolonged recovery in the uranium market, planned 2017 production from Kazakhstan will be reduced by approximately 10 percent. This will amount to a volume greater than 2,000 MtU or more than 5 million lb U3O8, which is equal to 3 percent of total global uranium production, Kazatomprom said.
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