CGN MINING (01164) announced that in the first quarter of 2025, the mines invested by the group collectively produced...
According to Zhitong Finance APP, CGN MINING (01164) announced that in the first quarter of 2025, the mines invested by the group produced a total of 659.1tU of natural Uranium, with a current quarter completion rate of 110.7%. Among them, the group's 49%-owned Kazakhstan joint venture, Semizbay Uranium Limited Liability Partnership ('Semizbay'), produced 231.3tU of natural Uranium; while another 49%-owned Kazakhstan joint venture, Orta Rek Limited Liability Partnership ('Orta'), produced 427.8tU of natural Uranium.
As of March 31, 2025, the group holds 1,262tU of natural Uranium (approximately 3.28 million pounds U3O8), with a weighted Average Cost of $71.37 per pound U3O8; the signed but undelivered sales volume of natural Uranium is 3,679tU (approximately 9.56 million pounds U3O8), with a weighted average selling price of $81.88 per pound U3O8.