CGN Mining's Q4 Uranium Output Hits 93% Completion Rate

MT Newswires Live

2025/01/14

CGN Mining (HKG:1164), through its joint venture Semizbay-U and associate Ortalyk, produced 753.9 tons of natural uranium in the fourth quarter of 2024.

The figure represented 93.4% of the group's targeted production of 807.0 tons, a Tuesday filing with the Hong Kong bourse stated.

In the December quarter, Semizbay-U had an output of 270.9 tons, while Ortalyk yielded 483.0 tons.

The company received receipts for 2,110 tons from suppliers at $70.74 per pound and delivered 1,522 tons to customers at $71.61 per pound for the contracts entered during the quarter.

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