Uranium prices have risen drastically due to recent events in Kazakhstan.

Uranium rose by at least 9.26% to $ 46 per pound on the COMEX stock exchange on January 6th at noon. The price has been increasing due to recent events in Kazakhstan, which produces more than 40% of the world’s uranium. However, global depository receipts of the state-owned company Kazatomprom, and its mining natural uranium, fell on the London’s Stock Exchange on Thursday. The company’s shares fell by 4.5% to $ 35.83, reported Bloomberg.