Kazakhstan ramped up uranium production by 13% in the first half of 2025, according to Kazatomprom, the world’s largest uranium producer, reinforcing its position as a global nuclear fuel supplier despite falling market prices and weak sales.
Despite the production boost, Kazatomprom's sales dropped 2% to 7,625 tonnes during the same period.
"The 24% decline in the spot price during the reporting period had a limited impact on the average realized prices of the Group and Kazatomprom, decreasing by 12% and 8%, respectively, compared to the same period in 2024," the company said in a statement.
Most of the firm’s uranium is sold under long-term contracts indexed to spot prices, with only small volumes traded on the spot market.
Meanwhile, Kazakhstan, which holds around 15% of the world’s uranium reserves, does not use nuclear fuel domestically.
The company continues to mine uranium both independently and via joint ventures. The company went public on the London Stock Exchange in 2019, and 75% of its shares remain under the control of Kazakhstan’s sovereign wealth fund, Samruk-Kazyna.
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Kazakhstan has entered the world’s top 50 economies by GDP in 2026, ranking 50th with a projected nominal output of $320 billion. The result reflects sustained growth, structural reforms and the country’s rising role as a regional economic hub.
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Plans for sweeping constitutional changes in Kazakhstan have sparked controversy, with civil society representatives accusing the authorities of rushing reforms without sufficient transparency or a clear public mandate.
The European Union has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time the bloc would target ports in third countries, a proposal document showed on Monday.
Quentin Griffiths, co-founder of online fashion retailer ASOS, has died in Pattaya, Thailand, after falling from the 17th floor of a condominium on 9 February, Thai police confirmed.
A seven-month-old Japanese macaque has captured global attention after forming an unusual but heart-warming bond with a stuffed orangutan toy following abandonment by its mother.
Ukraine’s National Paralympic Committee has announced it will boycott the opening ceremony of the Milano Cortina 2026 Paralympics in Verona on 6 March, citing the International Paralympic Committee’s decision to allow some Russian and Belarusian athletes to compete under their national flags.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Iran announced on Saturday that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
At least 10 people were killed and 50 wounded in Israeli strikes in Lebanon's Bekaa Valley on Friday (20 February), two security sources told Reuters, after the Israeli military said it had targeted Hezbollah sites in the Baalbek area.
Iran’s Foreign Minister Abbas Araghchi on Saturday (21 February) dismissed U.S. claims that 32,000 civilians were killed during protests in Iran. He said Tehran has already released official figures and called for evidence to support any higher estimates.
Uzbekistan's president Shavkat Mirziyoyev has held a series of high-level meetings in the U.S. aimed at strengthening bilateral economic and strategic ties between the two countries.
Türkiye has signalled readiness to contribute to a proposed Gaza stabilisation force during the inaugural Board of Peace meeting on Thursday (19 February), but according to former Turkish diplomat Mehmet Öğütçü, the decisive factor will be whether Israel and the United States agree on Ankara’s role.
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