全球最大生产商上调产量前景，铀库存暴跌

Uranium mining shares plunged across the board Thursday after top global producer Kazatomprom raised its full-year production guidance after reporting higher output during this year's H1.

The Kazakhstan state-owned company said it now expects to produce 22.5M-23.5M metric tons of uranium in 2024, up from its previous outlook of 21M-22.5M tons, after its H1 production jumped 6% Y/Y to 10,857 tons.

The Global X Uranium ETF (URA) closed -7.7% in U.S. trading, its biggest drop in more than two years, while Canada's Cameco (NYSE:CCJ) - Kazatomprom's biggest rival - ended -9.8% on Thursday, its largest decline since October 2022.

NexGen Energy (NXE), which also said its flagship Rook I uranium project will cost more than expected, finished -12.3%, and NANO Nuclear Energy (NNE), which was slammed with a negative short seller's report, closed -16.5%.

Also: Forsys Metals (OTCPK:FOSYF) -12.2%, Nuscale Power (SMR) -10.8%, Ur-Energy (URG) -10.5%, Denison Mines (DNN) -10.2%, Uranium Energy (UEC) -10.1%, Fission Uranium (OTCQX:FCUUF) -9.1%, Uranium Royalty (UROY) -8.3%, Energy Fuels (UUUU) -8.1%, Centrus Energy (LEU) -7.1%, enCore Energy (EU) -6.9%, Paladin Energy (OTCQX:PALAF) -6.1%.

Other ETFs include (NLR), (URNM).

Cameco (CCJ) "remains well placed to benefit from expectations of increased contracting activity and improving realized pricing as utility held inventories continue to reduce, despite Kazatomprom's higher than expected 2024 production guidance," Bank of Montreal's Alexander Pearce said, according to Bloomberg.