In the second quarter of 2026, the mines in which the group holds investments collectively produced 667.8 tonnes of natural uranium, achieving 103.3% of the quarterly production target.
The Kazakhstan-based joint venture, in which the group holds a 49% stake, Semizbay-U LLP, contributed 178.9 tonnes of natural uranium to this total.
Another associated company in Kazakhstan, in which the group also holds a 49% interest, the mining company Ortalyk LLP, produced 488.9 tonnes of natural uranium.
As of June 30, 2026, the group's inventory of natural uranium stood at 967 tonnes, equivalent to approximately 2.51 million pounds of U3O8, with a weighted average cost of $80.88 per pound.
The group has also secured sales contracts for 2,442 tonnes of natural uranium, equivalent to roughly 6.35 million pounds of U3O8, which are yet to be delivered, at a weighted average selling price of $88.58 per pound.
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