Kazakhstan’s national nuclear company Kazatomprom expects to adjust its 2024 uranium production guidance due to factors including the availability of sulphuric acid and delays in completing construction works at newly developed deposits, although it remains committed to its delivery obligations for the year.
The company said there were challenges related to global supply chains and limited availability of certain key operating materials and reagents, issues that would pose a risk to planned production increases.
If limited access to sulphuric acid continues throughout 2024, and should Kazatomprom not succeed in catching up with construction work scheduled at newly developed deposits in 2024, its 2025 production plan may also be affected, a statement said.