May 17, 2019 / 10:00 AM / 3 months ago

Kazakhstan prepared to raise Kazatomprom's free float - official

NUR-SULTAN, May 17 (Reuters) - Kazakhstan is ready to increase the free float of Kazatomprom, the world’s biggest uranium miner, after floating a 15% stake last year, Samruk-Kazyna sovereign fund managing director Almasadam Satkaliyev told a conference.

But the timing and other details of any such move will depend on market conditions and the fund’s own budget situation, he said. (Reporting by Olzhas Auyezov; Editing by Hugh Lawson)

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