"CEO of Kazatomprom Askar Zhumagaliyev has announced on Tuesday that uranium production in Kazakhstan will be cut by approximately 10% due to long-lasting recovery on uranium market.
As the company's press office informed, this will amount to a volume exceeding 2,000 tonnes of uranium or more than 5 million lb U3O8 against planned target in 2017. In whole, this is equal to 3% of the total global uranium production (based on 2015 UxC Consulting figures)."