Uzbekistan: S&P upgrades Navoiyuran credit rating to BB
The international rating agency S&P Global Ratings has upgraded the long-term credit rating of the state enterprise Navoiyuran from “BB-” to “BB” with a stable outlook. The rating upgrade reflects the consistent improvement in the enterprise’s operational and financial performance. In 2024 and 2025, Navoiyuran increased its uranium production by 30% to 35% annually, establishing…