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Kazatomprom Exceeds Uranium Production Targets by 9% in First Half of 2009


Industry Segment: Metals & Minerals | Word Count: 585 Words

BANGALORE, INDIA--August 19, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Kazakhstan's state-owned nuclear company Kazatomprom Atomic Company (Almaty) has announced that the company's uranium production target for the first half of this year has been exceeded by 9%. Total uranium production for Kazakhstan during the period was more than 6,000 tons, which is 57% greater than the corresponding period in 2008. Plans for the second half of 2009 call for a production level of 8,000 tons. Kazakhstan is tied with Australia as the world's second-largest uranium producer. Topping the list is Canada, which accounts for 21% of global uranium production, with Kazakhstan and Australia each producing 19% of the global supply.

Other companies featured: Cameco Corporation (NYSE:CCJ)

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