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Kazatomprom’s Q3 profit more than doubles year on year

Reuters | November 28, 2024 | 6:57 am Top Companies Russia and Central Asia Uranium 
Supply risks fuel uranium's flight to more than 16-year peak
Credit: Kazatomprom

Kazakh uranium miner Kazatomprom more than doubled its profit in the third quarter, it said on Thursday.

The company posted a profit of 172.393 billion tenge ($336.9 million).

Kazatomprom’s quarterly profits vary widely as its revenue is tied to a deliveries schedule which can be uneven.

($1 = 511.6500 tenge)

(By Olzhas Auyezov; Editing by Jason Neely)

Read More: Russia takes aim at US nuclear power by throttling uranium

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