Kazatomprom plans to reduce by 10% its uranium production in 2026

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2026-01-11 20:10:33 -

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Kazatomprom plans to reduce by 10% its uranium production in 2026

The Kazakh state-owned uranium mining company Kazatomprom, the world's largest uranium producer, has announced its plans to cut by about 10% its uranium production in 2026. After undergoing a comprehensive review of the market conditions and its operational progress, the company considers that the current supply and demand balance is insufficient to justify and incentivize the company’s return to full production.

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