Kazakhstan Raises Uranium Production By 8 Percent

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.