Kazakh uranium output unaffected by unrest

Kazakh uranium output unaffected by unrest

(Stock Image) Uranium prices have spiked to $45.5 per pound, the highest since November 30, as protests and security crackdowns spread across the country.

The widespread protests initially started in the oil-rich west of the country in response to rising prices of liquefied petroleum gas (LPG), which many Kazakhs use to power their cars. The protests have now grown to include critics of Kazakhstan’s long autocratic rule.

Kazakhstan has a history of social upheaval. Nursultan Nazarbayev ruled a former Soviet state, Kazakhstan, from 1991 until 2019. Nazarbayev ally Kassym-Jomart Toqayev was elected president in a vote condemned by observers as unfree in 2019. Nazarbayev remained in government in a national security position.

To subdue the protests, Toqayev dismissed his cabinet and Nazarbayev, BBC News reported. Toqayev has also called on Russian-led regional security organization CSTO to restore order to the country.Around 1,000 have been injured, while ‘dozens’ of anti-government protesters have been […]

About the author: StockMan
Tell us something about yourself.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet