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National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) has shared an update.
Kazatomprom has announced that its Russian partner, Uranium One Group JSC, has exited several joint ventures, selling its shares to Chinese entities. Despite the changes, Kazatomprom’s stakes in these ventures remain unchanged, reflecting its strategic focus on maintaining its mineral resource base and exploring new deposits. This move strengthens Kazatomprom’s long-term leadership in the global uranium market and aligns with its strategic priorities.
More about National Atomic Company Kazatomprom JSC GDR RegS
Kazatomprom is the world’s largest uranium producer, accounting for approximately 20% of global primary uranium production in 2023. Based in Kazakhstan, it operates 27 deposits using in-situ recovery technology and adheres to high health, safety, and environmental standards. The company serves nuclear generation operators worldwide, with major markets in China, South and Eastern Asia, Europe, and North America.
YTD Price Performance: 3.91%
Average Trading Volume: 355
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $10.06B
For detailed information about NATKY stock, go to TipRanks’ Stock Analysis page.
