Kazatomprom Reports 3Q Production Up 12% Year Over Year
Kazatomprom reported 3Q production of 7,216 tU and nine-month production of 20,508 tU, up 12% and 10% year over year, respectively. Nine-month realized prices rose 17% for the Group and 14% for the company; 2026 guidance was reiterated.
National Atomic Company Kazatomprom JSC released its operations and trading update for the third quarter and nine months ended September 30, 2026. The company reported 3Q production of 7,216 tU and 9M production of 20,508 tU, representing year-on-year increases of 12% and 10%, respectively. Realized prices for the nine-month period grew by 17% for the Group and 14% for the company compared to the same period in 2025. Kazatomprom reiterated its 2026 guidance across production, revenue, and cost metrics.
Additionally, the company secured a new exploration license for the Kyzyltu deposit and received credit rating updates, including a BCA upgrade to baa2 from Moody's and an affirmation of its BBB/Stable rating from Fitch.