Kazatomprom Suspends Inkai Production Due to Regulatory Delay
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2025
0mins
Source: Business Insider
Production Suspension: Kazatomprom has temporarily suspended production at the Inkai deposit’s block No. 1 due to delays in approval from Kazakh authorities, but expects minimal impact on its 2025 production plans and is committed to meeting customer obligations.
Company Overview: As the world's largest uranium producer, Kazatomprom accounts for about 20% of global primary uranium production and operates 27 deposits in Kazakhstan, primarily serving nuclear generation operators across various international markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
