Companies · Uranium · data
National Atomic Company Kazatomprom JSC
Profile
Kazatomprom is the national atomic company of Kazakhstan and the world's largest uranium producer by output. It explores for, mines (in-situ recovery), processes, markets and sells uranium through subsidiaries and joint ventures, and operates the Ulba Metallurgical Plant segment (beryllium, tantalum, niobium products). In 2025 it produced 25,839 tU (67.18 Mlb U3O8) on a 100% basis, of which 35.15 Mlb was attributable; 2026 guidance is 27,500-29,000 tU subject to sulphuric acid availability. Listed on the London Stock Exchange (GDRs) and Astana International Exchange since 2018, with its main listing on KASE.
Source: World Nuclear News, 'Cameco, Kazatomprom release 2025 production figures' (17 Feb 2026); stockanalysis.com; kazatomprom.kz, 9 Oct 2026 · confidence highProduction
- Latest production
- 25,839 tU, 100% basis (67.18 Mlb U3O8); attributable 35.15 Mlb U3O8
- Year
- 2025
- As of
- 9 Oct 2026
Key projects
| Project | Country | Stage | Note | Map |
|---|---|---|---|---|
| Inkai (JV Inkai, 60% Kazatomprom / 40% Cameco) | KAZ | Production | 2025 production 8.4 Mlb U3O8 (100%) per WNN 17 Feb 2026 | open on the map |
| Karatau (Budenovskoye 2, JV with Uranium One) | KAZ | Production | 2024: 3,299 tU, largest Kazakh ISL mine (WNA) | open on the map |
| Katco (Moinkum & Tortkuduk, JV with Orano) | KAZ | Production | 2024: 2,388 tU (WNA) | open on the map |
| Khorassan-1 (JV with Uranium One) | KAZ | Production | 2024: 2,030 tU (WNA) | – |
| Ulba Metallurgical Plant | KAZ | Production | fuel fabrication / rare metals segment | open on the map |
Deals
| Date | Type | Deal | Status | Capacity MW | Value |
|---|---|---|---|---|---|
| 22 Aug 2025 | Policy | Kazatomprom signals ~10% cut to 2026 uranium production versus subsoil-use agreements | Announced | n/a | n/a |
| 1 Jan 2025 | Fuel cycle | JV Inkai (Kazatomprom 60% / Cameco 40%) suspends uranium production over delayed project documentation approval | Completed | n/a | n/a |
| 23 Aug 2024 | Policy | Kazatomprom lowers 2025 production guidance to 25,000-26,500 tU from a planned 30,500-31,500 tU | Announced | n/a | n/a |
| 1 Feb 2024 | Policy | Kazatomprom cuts 2024 production plan to 80% of subsoil-use levels (21,000-22,500 tU) citing sulphuric acid shortage | Announced | n/a | n/a |
Documents
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Chart
TradingView symbol: OTC:NATKY
- Market cap, USD
- 17.16 bn USDas of 1 Oct 2026 · stockanalysis.com
- Market cap, local
- 12.83 bn GBPas of 8 Oct 2026 · stockanalysis.com