CGN Mining exceeds uranium production target by 10%

CGN Mining Company Limited reported natural uranium production of 695.6tU in Q2 2025, exceeding its plan by 10.3%. Production came primarily from Semizbay-U (196.2tU) and Ortalyk (499.4tU), both in Kazakhstan.

The group held 1,569tU of natural uranium as of June 30, with a weighted average cost of $68.77 per pound. Contracted but undelivered sales stood at 4,256tU at a weighted average selling price of $80.82 per pound.