Genchi Global News Today

Investegate announcements from JSC NAC Kazatomprom, Kazatomprom 1H22 Results and 2024 Production Plan

Kazakhstan’s energy protests could tighten uranium supply and send prices soaring

Kazakh national nuclear company Kazatomprom has signed a framework agreement with Genchi Global to invest in the newly established ANU Energy OEIC Limited physical uranium fund, meaning the fund can begin operations. Meanwhile, Kazatomprom has exercised an option to buy back uranium previously sold to Yellow Cake plc.

Uranium sector-related exchange traded funds climbed as bullish day traders jumped on the market for nuclear fuel. Over the past month...

After last week's 23% rise in the weekly spot uranium price, Kazatomprom begins the new week by announcing the establishment of a new physical uranium fund

Kazatomprom has announced it is to participate in a physical uranium fund, ANU Energy OEIC Limited, established on the Astana International Financial Centre. The fund will hold physical uranium as a long-term investment, with its initial USD50 million of purchases financed by its founders and plans to raise USD500 million for additional uranium purchases in a second development stage.

Kazatomprom has announced it is to participate in a physical uranium fund, ANU Energy OEIC Limited, established on the Astana International Financial Centre. The fund will hold physical uranium as a long-term investment, with its initial USD50 million of purchases financed by its founders and plans to raise USD500 million for additional uranium purchases in a second development stage.