CNNC International Renews Connected Uranium Supply and Distribution Framework with CNUC
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CNNC International Limited has renewed its uranium supply and distribution framework with CNUC Group, effective until the end of 2027. The agreement designates CNNC International as the exclusive supplier of natural uranium from outside Asia and Africa and as the authorized distributor of Rössing Uranium Mine products globally, excluding the PRC. These connected transactions require reporting and shareholder approval due to their material size. The latest analyst rating for CNNC International (HK:2302) is a Buy, with a price target of HK$6.00.
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