Kazatomprom / Company Raises Uranium Production Guidance After Increase In Output

Move follows warnings of shortages earlier this year

Company Raises Uranium Production Guidance After Increase In Output
Kazatomprom has raised its production guidance for 2024 after output increased during the first half of the year. Courtesy Kazatomprom.

Kazakhstan’s state uranium company Kazatomprom announced on Thursday (1 August) it has raised its production guidance for 2024 after output increased during the first half of the year.

The world’s top uranium producer said it now expects to produce between 22.5 million and 23.5 million tonnes of uranium in 2024, up from the previous guidance of 21 million to 22.5 million tonnes.

The forecast comes after the company boosted its uranium production 6% year-on-year in the first half of 2024 to 10,857 tonnes.

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