CGN MINING (01164) announced that in the third quarter of 2025, its invested mines collectively produced 644.3tU of natural uranium, achieving a completion rate of 96.5% of the quarterly plan. Specifically, the Kazakhstan joint venture, Semizbay-U uranium LLP (Semizbay), in which the group holds a 49% stake, produced 184.5tU of natural uranium; while another Kazakhstan joint venture, Ortalyk LLP (Ortalyk), also with a 49% stake, produced 459.7tU. As of September 30, 2025, the group holds 1,454tU of natural uranium (approximately 3.78 million pounds of U3O8), with a weighted average cost of $71.8 per pound of U3O8. Additionally, there are 3,965tU (approximately 1.031 million pounds of U3O8) of signed but undelivered natural uranium sales, with a weighted average selling price of $81.40 per pound of U3O8.