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CGN Mining (01164) produced a total of 642.4tU of natural uranium in the third quarter

Zhitongcaijing·10/27/2026 11:09:22
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According to the Zhitong Finance App, CGN Mining (01164) announced that in the third quarter of 2026, the mines invested by the Group produced a total of 642.4 tU of natural uranium, with a planned completion rate of 101.8% for this quarter. Among them, the Kazakh joint venture Semizbay Uranium Limited Partnership (Xie Company), which holds 49% of the Group's shares, produces 160.5 tU of natural uranium; while the other Kazakh affiliate mining company Ortalek Limited Liability Partnership (Austrian Company), which holds 49% of the shares, produces 481.8 tU of natural uranium.

As of September 30, 2026, the Group held 1,019 tU of natural uranium (about 2.65 million pounds of U3O8), with a weighted average cost of 82.21 US dollars/pound of U3O8; the sales volume of natural uranium that has been signed but has not yet been delivered is 1,827 tU (about 4.75 million pounds of U3O8), and the weighted average sales price was 90.95 US dollars/pound of U3O8.