Kazatomprom's capitalization grew more than sixfold to $ 19 bln since its IPOThe market capitalization of the national atomic company Kazatomprom has increased more than sixfold since its initial public offering (IPO) in 2018 – from $3 billion to $19 billion, the company reported."The securities of the national atomic company reached an all-time high on the London Stock Exchange, exceeding $75 per GDR (global depositary receipt)," stated a press release circulated on Tuesday.According to the company, its capitalization grew by 96.5% over the past year.Kazatomprom is engaged in uranium mining, processing of rare metals, and production and sales of beryllium and tantalum products. 100% of its output is exported. The company is state-controlled (including 62.99% of shares owned by Sovereign Wealth Fund Samruk-Kazyna and 12.01% by Kazakhstan's Ministry of Finance). (ICE ALMATY)

Fonte notizia: INTERFAX