CGN MINING(01164): Xie Company produced a total of 976.4 tU of natural uranium for the year, while Ao Company produced a total of 1780.5 tU of natural uranium for the year, with completion rates of 100% and 92.7% respectively.

CGN MINING (01164) announced that in 2024, the group's joint venture company in Kazakhstan, Shemizbay Uranium LLP ("Shemizbay"), in which it holds a 49% stake, produced a total of 976.4tU of natural uranium, while another joint venture company in Kazakhstan, Ortarek LLP ("Ortarek"), in which it also holds a 49% stake, produced a total of 1780.5tU of natural uranium. The annual production completion rates were 100.0% and 92.7% respectively. In the fourth quarter of 2024, the group's invested mines produced a total of 753.9tU of natural uranium, with a quarterly production completion rate of 93.4%. Among them, Shemizbay produced 270.9tU of natural uranium, while Ortarek produced 483.0tU. As of December 31, 2024, the group held a total of 1494tU of natural uranium (approximately 3.88 million pounds U3O8) with a weighted average cost of $71.64 per pound U3O8. The group also has signed but not yet delivered uranium sales contracts for a total of 3465tU (approximately 9.01 million pounds U3O8) with a weighted average selling price of $77.52 per pound U3O8.