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The latest update is out from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ).
Kazatomprom has unveiled its updated Development Strategy for 2025-2034, aiming to capitalize on the nuclear industry’s evolving landscape and growing demand for uranium and rare-earth metals. The strategy emphasizes sustainable growth, diversification, and strengthening its market position through strategic participation in the nuclear fuel cycle and expanding its rare-earth metals segment. The company has successfully reduced global uranium production, diversified its sales and transportation routes, and improved corporate governance. This strategic update is expected to enhance Kazatomprom’s role in the global clean energy transition, reinforcing its commitment to long-term value creation for stakeholders.
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, the company operates 27 uranium mining assets and uses In-Situ Recovery (ISR) technology. Kazatomprom’s primary customers are operators of nuclear generation capacity, with major export markets including China, South and Eastern Asia, Europe, and North America. The company also emphasizes maintaining industry-leading health, safety, and environmental standards.
YTD Price Performance: -1.44%
Average Trading Volume: 926
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.7B
Find detailed analytics on NATKY stock on TipRanks’ Stock Analysis page.