National Atomic Company Kazatomprom JSC GDR RegS (GB:KAP) has released an update.
Kazatomprom, the world’s largest uranium producer, has secured a license for uranium exploration at Budenovskoye deposit’s Block 5 in Kazakhstan, with potential resources estimated at over 18,000 tonnes. CEO Meirzhan Yussupov expresses confidence in the project’s ability to bolster the company’s global leadership by tapping into the high-grade uranium ores and developed infrastructure. The exploration is part of Kazatomprom’s strategy to ensure sustainable growth and contribute to the uranium mining sector in Kazakhstan.
For further insights into GB:KAP stock, check out TipRanks’ Stock Analysis page.
