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Top uranium producer Kazakhstan decreases output by 15% in 2020

Vladimir Basov

Kitco News

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(Kitco News) - Local media sources reported today that Kazakhstan, the world’s largest producer of uranium, mined 19,500 tonnes of uranium in 2020, a 15% decline over 2019 results (22,808 tonnes).

The Kazakhstan’s Minister of Energy Nurlan Nogayev said at a government meeting on Tuesday, "In 2020, uranium production in Kazakhstan amounted to 19.5 thousand tonnes, which is 101% compared to the revised plan."

Earlier, the Ministry of Energy reported that Kazakhstan reduced the plan for uranium production in 2020 from 22.75-22.8 thousand tonnes to 19.35 thousand tonnes due to the pandemic-related restrictions.

According to the World Nuclear Association, Kazakhstan produces the largest share of uranium from mines (42% of world supply from mines in 2019), followed by Canada (13%) and Australia (12%).

By Vladimir Basov

For Kitco News

Contact vbasov@kitco.com
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