Uranium and Nuclear Energy: Kazakhstan’s Journey Towards Powerful Global Alliance

Kazakhstan holds a valuable resource that is becoming increasingly crucial in the world’s transition away from hydrocarbons: uranium. With 12% of the world’s uranium resources, the nation has emerged as a dominant player in the uranium market, garnering attention from the west and the wider international community. Alessia Canuto. In 2021 alone, Kazakhstan produced approximately 21,800 tones of elemental uranium (tU), solidifying its position as a vital uranium supplier. Over the past two decades, the uranium industry has experienced significant growth. In 2009, the nation surpassed all others to become the world’s leading uranium producer, accounting for nearly 28% of global production. By 2019, Kazakhstan’s share had surged to an astonishing 43% of the world’s uranium output. Despite a slight decline in production due to low uranium prices and the impact of the COVID-19 pandemic, Kazakhstan’s uranium sector remains resilient, with production reaching 21,819 tU in 2021.

Driving Kazakhstan’s uranium […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

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