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Kazatomprom predicts rise in uranium demand in 2021

LSE-listed Kazatomprom predicts a recovery in uranium demand in 2021 following a challenging year that nevertheless saw the company's full-year earnings rise 30% year-on-year.

Kazatomprom predicts rise in uranium demand in 2021 Kazatomprom predicts rise in uranium demand in 2021 Kazatomprom predicts rise in uranium demand in 2021 Kazatomprom predicts rise in uranium demand in 2021 Kazatomprom predicts rise in uranium demand in 2021

Uranium looks set for a comeback in 2021 as nuclear power continues to gain credence

The uranium producer posted adjusted EBITDA of KZT 325.7 billion (US$ 770.4 million), which it attributed to a jump in operating profit plus earnings at the company's joint ventures and associates.