CGN Mining Company Limited

CGN Mining Company Limited (中广核矿业有限公司) is a Hong Kong-listed subsidiary of China General Nuclear Power Group (CGN), one of China's largest nuclear power groups. It describes itself as the sole investment and financing platform for CGN's overseas uranium resource development, and as the largest uranium group listed on the Hong Kong Main Board by production, as well as the only pure-play uranium listed company in East Asia. Its core business is the development and trading of natural uranium resources used by nuclear power enterprises. The company is listed under stock code 01164.HK. The company's business spans uranium mining interests and uranium trading. Through partnerships and subsidiaries, it holds interests in uranium production assets, including the Semizbay and Ortalyk partnerships in Kazakhstan and a stake in Fission Uranium Corp. in Canada. Its trading arm, CGN International Uranium Sales Company (CGNGU), founded in the United Kingdom in July 2014 and folded into CGN Mining in January 2019, handles overseas marketing and trading of CGN's uranium resources, including spot and long-term market transactions. CGNGU is the exclusive agent for the Husab uranium mine in Namibia, described as the world's third-largest uranium mine with annual capacity of 5,700 tU. CGN Mining positions itself to benefit from a global nuclear power revival and rising natural uranium demand, aiming to become a world-class natural uranium supplier. Its headquarters are in Hong Kong, and it maintains a trading office in Cambridge, United Kingdom. The company is part of the broader CGN group, which is a Chinese state-owned enterprise and one of the world's largest nuclear power operators.

CGN Mining Company Limited is the listed uranium arm of China General Nuclear Power Group (CGN), one of China's largest nuclear power groups. The company describes itself as the sole investment and financing platform for CGN's overseas uranium resource development. It is listed on the Hong Kong Main Board under stock code 01164.HK and states it is the largest uranium group listed on the Hong Kong Main Board by production, as well as the only pure-play uranium listed company in East Asia. A key development in the company's history was the establishment of its trading subsidiary, CGN International Uranium Sales Company (CGNGU), in the United Kingdom in July 2014. CGNGU was created to handle overseas marketing and trading of CGN's uranium resources. In January 2019, CGNGU was integrated into CGN Mining Company Limited, becoming its sole overseas trading platform. CGNGU has since become one of the most active and reliable traders in the international uranium market, with customers including nuclear power plant owners in Europe, the Americas, Asia, and the Middle East, as well as global nuclear fuel producers and traders. CGN Mining's asset portfolio includes interests in uranium production through partnerships. The company's website lists the Semizbay partnership and the Ortalyk partnership, both in Kazakhstan, as key business entities. It also holds a stake in Fission Uranium Corp. in Canada. Through CGNGU, the company acts as the exclusive agent for the Husab uranium mine in Namibia, which it describes as the world's third-largest uranium mine with an annual capacity of 5,700 tU. The company's strategic focus is on capturing opportunities from a global nuclear power revival and continuously growing natural uranium demand. It aims to acquire uranium resource projects with strong cost competitiveness and to become an international first-class natural uranium supplier. Its headquarters are located in Hong Kong, and its trading subsidiary is based in Cambridge, United Kingdom.

• CGN International Uranium Sales Company (CGNGU) founded in the United Kingdom.

• CGNGU integrated into CGN Mining Company Limited as its sole overseas trading platform.

International first-class natural uranium supplier and the sole overseas uranium investment and financing platform of CGN.

• Natural uranium (U3O8)

  Core product for nuclear power generation.

• Uranium trading services

  Spot and long-term market trading, with annual trading volume of 8,000-11,500 tU (~21-30 Mlbs U3O8).

1. 1中广核矿业有限公司官网首页cgnmc.com
2. 2公司简介 _ 中广核矿业有限公司cgnmc.com
3. 3中广核国际铀产品销售有限公司 _ 中广核矿业有限公司cgnmc.com
4. 4天然铀价格 _ 中广核矿业有限公司cgnmc.com
5. 5Wikidata: CGN Mining Company Limitedwikidata.org