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Kazatomprom extends production cuts to 2022

Uranium major not seeing market signals needed to ramp up supply.

Tom Hoskyns
Kazatomprom established a JV with Areva in August 1996 to develop the Moinkum ISL deposit near Tsentralnoye, Kazakhstan

Kazatomprom established a JV with Areva in August 1996 to develop the Moinkum ISL deposit near Tsentralnoye, Kazakhstan

The announcement means production will likely remain broadly flat versus 2019 levels at between 22,000-22,500tU. Galymzhan Pirmatov, Kazatomprom's CEO, said the decision was "indicative of a global...

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