Kazakhstan's Kazatomprom Says the Era of "Cheap Uranium" Is Fading
Meirzhan Yussupov, CEO of Kazakhstan's national atomic company Kazatomprom, said during a semi-annual financial results conference call that the global uranium market is entering a new supply-demand phase and the era of cheap uranium is fading. The company also disclosed arrangements for natural uranium concentrate trading and the latest updates on the delay of the TQZ sulfuric acid plant project. Yussupov said that 38 countries worldwide have signed commitments to support tripling nuclear power capacity by 2050, with these countries collectively accounting for more than 70% of global GDP. In his view, nuclear energy development has moved beyond policy discussions and entered the stage of actual deployment...
2026-08-25
