ISTANBUL

The world’s largest uranium producer Kazakhstan-based Kazatomprom expects lower uranium production volumes this year than previously forecast due to measures introduced to comply with the coronavirus (COVID-19) lockdown requirements, the company said Tuesday.

Kazatomprom expects the annual uranium production volume for 2020 will fall by up to 4,000 tons uranium (tU) from previous expectations of 22,750-22,800 tU, although the precise impact on production may vary from this estimate.

“These measures are expected to remain in place for three months, resulting in a lower level of wellfield development activity and, as a consequence, a reduction in production volumes,” the company

Read more: World's largest uranium producer lowers annual output