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.
Former French president Nicolas Sarkozy will release a new book next month recounting his recent time behind bars, his publisher Fayard announced on F...
As COP30 continues in Brazil, the President of the summit, Andre Correa do Lago, made a powerful call for unity, urging countries to stay committed to...
The 2025 Yangtze Culture Forum opened on Friday at the Yangtze International Conference Centre in Nanjing, bringing together senior officials, scholar...
Iranian Foreign Minister Abbas Araghchi and his Russian counterpart Sergei Lavrov have had a telephone conversation following the recent resolution pa...
President Donald Trump will meet with incoming New York mayor Zohran Mamdani on Friday, the first in-person talks between political opposites who have...
At the Kazakhstan - Estonia business forum, companies from both countries signed 11 commercial agreements totalling more than $517 million.
Estonian President Alar Karis arrived in Kazakhstan on 17 November for a state visit aimed at strengthening bilateral cooperation in trade, technology, and transport, signalling a new phase in Kazakhstan’s engagement with the European Union.
Armenian Prime Minister Nikol Pashinyan will travel to Astana for an official visit from the 20th –21st November, according to the press service of Akorda.
The 27th plenary meeting of the Conference of the Special Service Agencies of the Turkic States on the theme 'The Role of Special Service Agencies in Ensuring the Security of International Transport Lines' was held in Khankendi city on 14 November.
The pilot of an Indian fighter jet performing in the Dubai Air Show has died after the aircraft crashed during an aerial display on Friday.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
An off-the-cuff remark by new Prime Minister Sanae Takaichi that triggered Japan's biggest bust-up in years with powerful neighbour China was not meant to signal a new hardline stance.
Russian President Vladimir Putin visited the command post of the Russian forces “West” grouping on Thursday (20 November), meeting with Chief of Russia’s General Staff Valery Gerasimov and senior military officials, the Kremlin said.
Iranian Foreign Minister Abbas Araghchi and his Russian counterpart Sergei Lavrov have had a telephone conversation following the recent resolution passed by the International Atomic Energy Agency (IAEA).
The Ministry of Energy of Uzbekistan announced a nationwide energy-efficiency programme designed to reduce consumption, modernise standards and meet key obligations under the country’s accession to the World Trade Organization (WTO).
Six children were part of at least 16 people killed in a massive explosion which occurred in Faisalabad, Pakistan on Friday according to local media.
Israeli forces killed two Palestinian teenagers during an overnight raid on a town near Ramallah in the Israeli-occupied West Bank, residents said, as violence surges in the territory with a growing number of dead.
Heads of media institutions, prominent media organisations, senior representatives and renowned experts have arrived in Azerbaijan's capital for the D-8 Organization for Economic Cooperation Media Forum, themed, "Promoting Dialogue, Cooperation and Regional Solidarity".
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment