https://www.msn.com/en-ca/news/world/oil-prices-jump-over-kazakhstan-unrest-while-uranium-less-affected/ar-AASzSwiKazakhstan, the world's ninth largest country, is rich in manganese, iron, chrome and coal.It also has the world's second most significant uranium reserves behind Australia, according to the Cyclope annual report on commodities, accounting for 40 percent of the world's output, according to CRU consulting group.Toktar Turbay, an analyst at CRU, said the current crisis is "just likely to create minor discomfort rather than anything else", since the largest customer China has accumulated enough uranium to cover its needs in the short term.Kazakhstan's uranium mines are located in remote areas of its southern Turkestan region, which is "largely unaffected by ongoing protests and clashes within the country", the analyst said."More than half of Kazakh uranium exports go to China."(Just more info).
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