​Uranium Stocks Rise After World’s Largest Producer Cuts 2025 Output Forecast – Tyler Durden

Uranium Stocks Rise After World’s Largest Producer Cuts 2025 Output Forecast Uranium stocks in New York are moving higher in premarket trading after Kazatomprom, the world’s largest uranium producer, announced a cut in the 2025 production forecast due to project delays and sulphuric acid shortages. This raised concerns among Wall Street analysts about a potential uranium supply squeeze that could send prices higher.  Kazatomprom produces about a fifth of the global uranium supply. The Kazakh company revealed in a financial report this AM that its production target for next year will be 17% lower to the range of 25,000 to 26,500 tons of uranium.…  — Continue at ZeroHedge News : Read More