Yellow Cake takes delivery of 2.02m pounds of Kazakh uranium

23.05.2022

Long-term uranium investor Yellow Cake has taken delivery of 2,022,846 pounds of triuranium octoxide from Kazatomprom at the Cameco storage facility in Canada, it announced on Friday, following the exercise of its buyback option.

The AIM-traded firm exercised the option with Kazatomprom to acquire 2,022,846 pounds of triuranium octoxide for $43.25 (£34.65) per...