招银国际表示，判断未来10年天然铀需求将受惠于核电结构性增长趋势，同时在铀矿供应受限的背景下，铀价将在未来数年保持高企。该行表示，公司通过和哈原工(KAP)两家合营公司持有四个位于哈萨克的低成本铀矿，将受惠于铀价上升的长期趋势。CGN MINING (01164) rose over 5% in early trading. As of the time of writing, it has increased by 2.22%, priced at 1.84 Hong Kong dollars, with a transaction volume of 40.6869 million Hong Kong dollars.
According to the Zhithong Finance APP, CGN MINING (01164) rose over 5% in the early market, as of the time of this writing, it is up 2.22%, priced at 1.84 HKD, with a transaction volume of 40.6869 million HKD.
In news, the Canadian Uranium producer Cameco recently announced that its joint venture Inkai in Kazakhstan unexpectedly ceased production due to the expiration of government authorization. It is understood that Inkai is a joint venture established by Cameco and Kazakhstan's state-owned Uranium mining company Kazatomprom, with Cameco holding a 40% stake. According to the third-quarter earnings report released on November 7, Inkai is expected to produce 7.7 million pounds of Uranium in 2024, of which 2.3 million pounds have already been delivered to Cameco. This is slightly higher than Cameco's expected total production of 23.1 million pounds for the year.
Zhaoyin International stated that it determines that the demand for natural Uranium over the next 10 years will benefit from the structural growth trend of Nuclear Power. Meanwhile, with Uranium mining supply being constrained, Uranium prices are expected to remain high in the coming years. The bank indicated that the company, through two joint ventures with Kazatomprom (KAP), holds four low-cost Uranium mines located in Kazakhstan, which will benefit from the long-term upward trend in Uranium prices.
