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    market news

    Kazakhstan Raises Uranium Production By 8 Percent

    Investing News Network
    Nov. 01, 2012 11:53AM PST
    Energy Investing

    Reuters reported Kazakhstan increased uranium production by 8 percent year-on-year in the first nine months of 2012.

    Reuters reported Kazakhstan increased uranium production by 8 percent year-on-year in the first nine months of 2012.

    As quoted in the market news:

    The former Soviet republic produced 15,080 tonnes of uranium in the nine months to September, Kazatomprom said. Output attributable to the state company also rose by 8 percent to 8,601 tonnes.

    Kazatomprom, which employs more than 24,000 people, mines uranium on its own and through a series of joint ventures with international companies such as Areva, Cameco Corp and Sumitomo Corp.

    Click here to read the full Reuters report.

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