Kazakhstan to reduce stake in uranium miner Kazatomprom

MINING WEEKLY | Kazakh sovereign wealth fund Samruk-Kazyna plans to sell a 4.55% stake in the world's biggest uranium miner, Kazatomprom , for about $150-million, deal managers led by Citigroup said on Tuesday.


The sale will be the third by Samruk-Kazyna after the initial listing in 2018 and a secondary placement last year. After the planned deal, Samruk-Kazyna will own a 76.7% stake in Kazatomprom.


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