Uranium sector monitors evolving Kazakh situation

Uranium sector monitors evolving Kazakh situation

Disruptions in Kazakhstan, where ongoing unrest may add to pre-existing operating risks such as the COVID-19 pandemic, could be a "significant catalyst" for the uranium market, Canadian uranium company Cameco has said. Kazakh uranium producer Kazatomprom has said it will meet all delivery deadlines. Protestors in the Kazakh city of Aktobe, pictured on 4 January (Image: Esetok/Wikimedia) Protests that began in Atyrau and the wider Mangystau region have since 2 January spread to other cities across Kazakhstan including the country’s main city of Almaty. Some cities, including Almaty and Atyrau, have seen violent clashes between protestors and police with deaths, injuries and arrests reported. The Kazakh government has imposed a nationwide State of Emergency and imposed a curfew. The internet has been blocked in large parts of the country, according to information from the UK government.

"The situation in Kazakhstan is dynamic and evolving," Cameco said on 6 January. "The […]

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