Kazatomprom recently announced they will increase uranium production by only 5% in 2024, but this is actually a 50% reduction from their original plan (which was 10% increase); this seems bearish on the surface but is actually less bad than expected, and more recently they announced 12% growth for 2025 while petitioning to lower their permitted production levels due to ongoing supply chain constraints (sulfuric acid, construction delays).

factualpending

Speaker

Lobo Tirado

Evidence Quote

they were supposed to increase 10% so that 5% increase is actually a 50% decrease from what they were going to do

Source

Lobo Tiggre: Recession Is Here – Why Gold & Uranium Are Your Best BetsWealthion
Created: 8/12/2026, 6:34:24 PM

My Notes

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