Kazakhstan increased uranium production by 5% y/y to 4,666 tons in Q1, state nuclear company Kazatomprom has said. The companys own output rose 4% y/y to 2,656 tons in the reported period. Last year, Kazakhstan increased uranium production by 9% y/y to 19,450 tons, of which 11,079 tons were produced by Kazatomprom. Kazakhstan is the largest uranium producer in the world, accounting for 20% of total worlds production. Kazatomprom also informed that its net profit made up USD 345mn in Q1. Kazatomprom mines uranium on its own and through a series of joint ventures with international companies. Kazakhstan holds 15% of worlds uranium reserves. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more