Kazatomprom reports 17% increase in production during the third quarter

Dow Jones11-01

MW Kazatomprom reports 17% increase in production during the third quarter

Kazatomprom (UK:KAP), the world's largest producer of uranium, reported a 17% rise in uranium production on an attributable basis in the third quarter, a period where the average spot price rose 30% to $81.58 per pound. It reiterated its production guidance for the year, as it flagged rising capital expenditure costs.

-Steve Goldstein

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 01, 2024 03:36 ET (07:36 GMT)

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