Summary by Futu AI
ZHONGGUANG NUCLEAR MINING CO., LTD. (THE “COMPANY”) ISSUED ITS FIRST QUARTER OPERATING REPORT FOR 2024 ON APRIL 24, 2024, ANNOUNCING THE LATEST DEVELOPMENTS IN NATURAL URANIUM PRODUCTION AND TRADE. THE REPORT SHOWS THAT THE COMPANY AND ITS SUBSIDIARIES (THE “GROUP”) CO-PRODUCED 606.7 TONNES OF NATURAL URANIUM IN THE FIRST QUARTER OF 2024, ACHIEVING A QUARTERLY PLAN COMPLETION RATE OF 92.0%. Among them, the Group's joint venture in Kazakhstan produced 237.1 tons and 369.6 tons of natural uranium, respectively, an increase from the same period last year. In addition, the Group has 726 tonnes of natural uranium reserves as of 31 March 2024 and has an outstanding natural uranium sales contract of 5,460 tonnes. In the first quarter of 2024, the Group's new natural uranium procurement and sales volume were 3,340 tons...Show More