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Kazatomprom raising production targets in hot uranium market

The world's largest uranium producer reduced its annual guidance by 20% in 2016

Georgia Williams
The world’s largest uranium producer reduced its annual guidance by 20% in 2016 to reflect poor market conditions.Photo: Kazatomprom

The world’s largest uranium producer reduced its annual guidance by 20% in 2016 to reflect poor market conditions.Photo: Kazatomprom

Amid a uranium bull market that has seen prices climb 43% since the start of the year, Kazatomprom aims to ramp up output to 100% under its Subsoil Use Agreements. The world's largest uranium producer...

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