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Yellow Cake Plc Takes Uranium Delivery from Kazatomprom

MT Newswires·08/12/2026 03:39:36
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03:39 AM EDT, 08/12/2026 (MT Newswires) -- Yellow Cake Plc (YCA.L) said Wednesday it received 1,160,766 pounds of uranium from uranium miner Kazatomprom (KAP.L) at a storage facility operated by Orano in France. The delivery follows the uranium company's exercise of its 2026 uranium purchase option under a framework agreement with Kazatomprom, acquiring the material at $86.15 per pound for a total of $100 million.