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Kazakhstan-based physical uranium fund begins operations : Uranium & Fuel

Kazakhstan-based physical uranium fund begins operations : Uranium & Fuel
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Kazakhstan-based physical uranium fund begins operations : Uranium & Fuel

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. ....

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Kazatomprom announces physical uranium fund : Uranium & Fuel

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. ....

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