Kazatomprom
Kazatomprom is Kazakhstan's state-owned uranium mining company, producing ~43% of global supply.
Output 21,000 tU in 2023, down from plans due to sulfuric acid shortages. Supplies Westinghouse, Framatome, CNNC via long-term contracts. Listed on London Stock Exchange (KAP.L).
Why it matters now
2025-2026 production guidance cuts to 25,000-26,500 tU tighten markets, boosting prices for HALEU and SMR fuel needs.