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Kazakhstan Boosts 1H Uranium Output By 42% -Kazatomprom

Kazakhstan Boosts 1H Uranium Output By 42% -Kazatomprom
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Δευ, 9 Αυγούστου 2010 - 14:10
Kazakhstan boosted its uranium production by 42% on year in the first half of 2010 to 8,452 metric tons, Kazakh state nuclear fuel company Kazatomprom said Monday.
Kazakhstan boosted its uranium production by 42% on year in the first half of 2010 to 8,452 metric tons, Kazakh state nuclear fuel company Kazatomprom said Monday.

The company said in a statement that Kazakhstan plans to mine 9,770 tons of uranium in the second half of this year, slightly raising its 2010 output forecast to 18,222 tons from 18,000 tons.

Kazatomprom's revenue rose 58% on year in the first half to 105.7 billion tenge ($717.6 million) due to increased sales of uranium products. The company's net income stood at KZT19.4 billion, a year-on-year rise of 64%.

Kazatomprom has Canada 's Cameco Corp. (CCJ), France 's Areva SA (CEI.FR) and Japan 's Toshiba Corp. (6502.TO) among its partners in production ventures in Kazakhstan .

Kazakhstan became the world's largest uranium producer last year, surpassing Canada by producing around 14,000 tons.

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