Chinese Uranium Industry Goes Public - China's First Natural Uranium Stock is Here

Today, with the opening bell ringing, China National Uranium Corporation has landed on the main board of the Shenzhen Stock Exchange, becoming the first stock of natural uranium in China, marking a milestone event in our country's nuclear industry. How important is China National Uranium Corporation? Natural uranium is a strategic resource and energy mineral for the country, and the safe and stable supply of natural uranium is the foundation for the rapid development of nuclear energy. As the national team and main force for ensuring the supply of natural uranium in our country, China National Uranium Corporation is the "cornerstone" and "grain storehouse" supporting the development of the nuclear energy industry. What is the purpose of China National Uranium Corporation's listing? China National Uranium Corporation is mainly engaged in natural uranium mining, smelting, sales and trading, as well as the comprehensive utilization of radioactive co-associated mineral resources. In uranium-rich regions such as Xinjiang and Inner Mongolia, it holds 19 mining rights and 6 exploration rights. Through the listing, China National Uranium Corporation will further increase domestic investment in the natural uranium industry, achieving rapid growth in production capacity and economic scale. What is the core competitiveness of China National Uranium Corporation? The "National Uranium No. 1" demonstration project under China National Uranium Corporation is the largest natural uranium production project in China. Through new uranium mining technology, it has revitalized hundreds of thousands of tons of domestic uranium resources. It has efficiently developed and utilized low-grade and complex uranium resources domestically, achieving several times growth in the country's natural uranium production capacity. How big is the future space in the uranium market? Currently, China's nuclear power overall scale ranks first in the world. In the next 15 years, domestic demand for natural uranium will triple. According to the World Nuclear Association forecast, by 2040, global demand for natural uranium will rise to nearly 204.6 thousand tonnes. The listing of China National Uranium Corporation marks the beginning of a new journey, significantly enhancing the country's uranium resource security capability.