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Kazatomprom’s Moody’s Rating Remains Stable at Baa1

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Kazatomprom’s Moody’s Rating Remains Stable at Baa1

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National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) has provided an announcement.

Kazatomprom announced that Moody’s has completed a periodic review of its ratings, maintaining the company’s ‘Baa1’ rating with a stable outlook. This rating reflects Kazatomprom’s strategic importance to Kazakhstan, its strong financial position, and its significant share in global uranium production. The review underscores the company’s robust business fundamentals, operational diversification, and extensive long-term contracts, reinforcing its leading position in the uranium industry.

More about National Atomic Company Kazatomprom JSC GDR RegS

Kazatomprom is the world’s largest producer of uranium, accounting for approximately 21% of global primary uranium production in 2024. The company operates 27 deposits in Kazakhstan using ISR technology, maintaining high health, safety, and environmental standards. Kazatomprom’s primary customers are nuclear generation operators, with major markets in Asia, Europe, and North America. The company’s securities are listed on the London Stock Exchange and the Astana International Exchange.

Find detailed analytics on NATKY stock on TipRanks’ Stock Analysis page.

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