Kazatomprom’s Q1 profit fell to $238 million

Kazatomprom, the world’s largest uranium producer, saw profit fall to 121.066 billion tenge ($237.55 million) in the first quarter of 2025 from 148.943 billion tenge in the same period last year, the company said on Thursday.

Kazakhstan increased uranium production in the first quarter of 2025 by 11% year-on-year to 5,633 tonnes. The country plans to produce 25,000-26,500 tonnes of uranium in 2025.

($1 = 509.6500 tenge)

(By Mariya Gorgeyeva and Ksenia Orlova; Editing by Guy Faulconbridge)