off-the-wire

Kazatomprom’s Q1 profit fell to $238 million

Kitco Media
By Reuters
Published:
Updated:
Reuters
Kazatomprom’s Q1 profit fell to $238 million teaser image

Kazatomprom, the world’s largest uranium producer, saw profit fall to 121.066 billion tenge ($237.55 million) in the first quarter of 2025 from 148.943 billion tenge in the same period last year, the company said on Thursday.

Kazakhstan increased uranium production in the first quarter of 2025 by 11% year-on-year to 5,633 tonnes. The country plans to produce 25,000-26,500 tonnes of uranium in 2025.

($1 = 509.6500 tenge)

(Reporting by Mariya Gorgeyeva; Writing by Ksenia Orlova; editing by Guy Faulconbridge)

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