/biz/ - Business & Finance

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Borat pamping yellow cake.

>NAC Kazatomprom, the world's largest producer of uranium, warned that its 2025 production plans could be harmed by construction delays and continued difficulties in obtaining sulfuric acid, which is used for extracting the heavy metal. Kazakhstan's state uranium company reported flat production for the fourth quarter of 2023 and a 1% fall for the full year. Kazatomprom said it expects production at most of its uranium-mining operations to be around 20% below the levels allowed by permits in 2024, hurt by delays in the construction of surface facilities and infrastructure, but still forecasts modest growth for the year.