CGN Mining (01164) produced a total of 644.3 Tu of natural uranium in the third quarter

Zhitongcaijing · 10/21/2025 08:57

According to the Zhitong Finance App, CGN Mining (01164) announced that in the third quarter of 2025, the mines invested by the group produced a total of 644.3 tU of natural uranium, with a planned completion rate of 96.5% for this quarter. Among them, the Kazakh joint venture Semizbay Uranium Limited Partnership (Xie Company), which holds 49% of the Group's shares, produces 184.5 tU of natural uranium; while the other Kazakh affiliate mining company Ortalek Limited Liability Partnership (Austrian Company), which holds 49% of the shares, produces 459.7 Tu of natural uranium.

As of September 30, 2025, the group held 1,454 tU of natural uranium (about 3.78 million pounds of U 3 O 8), with a weighted average cost of 71.8 US dollars/pound U 3 O 8; the sales volume of natural uranium that has been signed but has not yet been delivered is 3,965 tU (about 10.31 million pounds of U 3 O 8), and the weighted average selling price is $81.40/lb U3O8.