Kazatomprom 4Q20 Operations and Trading Update JSC National Atomic Company Kazatomprom ( Kazatomprom , KAP or the Company ) announces the following operations and trading update for the fourth quarter and year ended 31 December, 2020. This update provides a summary of recent developments in the uranium industry, provisional information related to the Company s key fourth-quarter and 2020 operating and trading results, and 2021 production and sales guidance. The information contained in this Operations and Trading Update may be subject to change. It may differ from the final audited results in the 2020 Operating and Financial Review, which is expected to be released on 16 March, 2021. Market Developments The COVID-19 pandemic impacted global industries to varying degrees in 2020, and as the year came to a close, the International Energy Agency (IEA) released its Electricity Market Report, which provided insight into the overall effect on electr
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About Kazatomprom
Kazatomprom is the world s largest producer of uranium, with the company s attributable production representing approximately 24% of global primary uranium production in 2019. The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 14 mining assets. All of the Company s mining operations are located in Kazakhstan and mined using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.
Kazatomprom securities are listed on the London Stock Exchange and Astana International Exchange. As the national atomic company in the Republic of Kazakhstan, the Group s primary customers are operators of nuclear generation capacity, and the principal export markets for the Group s products are China, South and Eastern Asia, Europe and North America. The Group sells uranium and uranium products under long-term contracts, short-term contracts, as
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