Some say nuclear energy is the stepdaughter of the energy industry. Many investors beg to differ. On November 14, Kazatomprom (KAP), the state-owned uranium production company of Kazakhstan made history by becoming the first initial public offering of a large Kazakh company in more than a decade. This is a dramatic finale for two important entities: the newly launched Astana International Financial Center’s (AIFC) stock market, and Kazatomprom, which is compared to the Saudi Aramco of uranium production.
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