The Big Reason Uranium Stocks Surged Today
Here's how some of the top-performing uranium stocks were faring as of 1:43 p.m. ET Wednesday. Kazakhstan, in Central Asia, has around 12% of the world's uranium resources but accounted for 43% of the global uranium supply in 2019, according to the World Nuclear Association. The nation produces and supplies nearly all of its uranium through the government-owned company, Kazatomprom, the world's largest uranium-producing company.