CGN Mining Exceeds Q2 2025 Uranium Production Targets by 10%, Reports Strong Performance in Kazakhstan Ventures

Reuters
23 Jul
<a href="https://laohu8.com/S/01164">CGN Mining</a> Exceeds <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 <a href="https://laohu8.com/S/UEC">Uranium</a> Production Targets by 10%, Reports Strong Performance in Kazakhstan Ventures

CGN Mining Company Limited has voluntarily reported its natural uranium production and trading results for the second quarter of 2025. The Group's natural uranium deposits produced a total of 695.6 tons of uranium (tU), which exceeded the production plan by achieving a completion rate of 110.3%. The production was sourced from two joint ventures in Kazakhstan. Semizbay-U Limited Liability Partnership, in which CGN Mining holds a 49% stake, contributed 196.2tU to the total production. Meanwhile, Mining Company "ORTALYK" LLP, also a 49% owned associate, produced 499.4tU. Notably, Semizbay-U's Semizbay Mine produced 78.1tU, achieving a completion rate of 91.8% against its planned output of 85.0tU. The announcement serves as a report to shareholders and potential investors, highlighting the Group's strong operational performance in natural uranium production for the quarter.

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