12th Aug 2026 11:27
Yellow Cake PLC - investor in physical uranium - Takes delivery of 1.2 million pounds of U3O8 uranium from JSC National Atomic Co Kazatomprom at Yellow Cake's storage facility in France run by Paris-based nuclear materials handler Orano Group. The purchase is made under Yellow Cake's framework agreement with Kazakhstan's Kazatomprom, which claims to be the world's largest uranium producer. It is bought at USD86.15 per pound for a total price tag of USD100.0 million. Following the delivery, Yellow Cake has 24.4 million pounds of uranium in storage at facilities in France and Canada.
Current stock price: 562.50 pence, up 0.7% for GBP1.41 billion market capitalisation
12-month change: up 13%
By Tom Waite, Alliance News editor
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