Top uranium producer Kazakhstan hikes tax
The world’s largest producer of uranium is increasing its mining tax on the nuclear fuel by at least 50% next year.
Russian metals producer Rusal said on Friday that the company’s board had recommended not paying dividends this year.
Rusal’s Moscow-listed shares fell on the news, down 1.2% by 1458 GMT to a one-week low and underperforming the wider market.
(By Felix Light; Editing by Andrew Osborn)
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