CGN MINING produced a total of 644.3 tons of natural uranium in the third quarter

Zhitong
2025.10.21 08:52
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CGN MINING produced a total of 644.3 tons of natural uranium in the third quarter of 2025, with a planned completion rate of 96.5%. Among them, the Kazakhstan joint venture company produced 184.5 tons, and the other company produced 459.7 tons. As of September 30, 2025, the group held 1,454 tons of natural uranium, with a signed but undelivered sales volume of 3,965 tons, at an average price of $81.40 per pound of U3O8

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 644.3tU of natural uranium, with a planned completion rate of 96.5% for the quarter. Among them, the Kazakhstan joint venture Semizbay-Uran LLP (Semizbay) in which the group holds a 49% stake produced 184.5tU of natural uranium; while another Kazakhstan joint venture, Ortalyk LLP (Ortalyk), in which the group also holds a 49% stake, produced 459.7tU of natural uranium.

As of September 30, 2025, the group held 1,454tU (approximately 3.78 million pounds of U3O8) of natural uranium, with a weighted average cost of $71.80 per pound of U3O8; the contracted but undelivered sales volume of natural uranium was 3,965tU (approximately 10.31 million pounds of U3O8), with a weighted average selling price of $81.40 per pound of U3O8