CNNC International Renews Connected Uranium Supply and Distribution Framework with CNUC

CNNC International Limited ( (HK:2302) ) just unveiled an update.

CNNC International has agreed with the CNUC Group on a new 2026 Framework Agreement running until the end of 2027 to govern a series of continuing connected transactions involving uranium supply, agency procurement and distribution. Under the renewed framework, CNNC International will act as the CNUC Group’s exclusive supplier of natural uranium sourced from sellers outside Asia and Africa, may serve as procurement agent for sporadic additional uranium needs at a 2% premium over purchase cost, and will be appointed as exclusive authorised distributor of Rössing Uranium Mine products to global markets excluding the PRC, earning a 2% commission on resale amounts; because these are connected-party transactions with material size under Hong Kong Listing Rules, they require reporting, announcement, independent shareholders’ approval and ongoing annual review, underscoring both the strategic importance and regulatory sensitivity of these uranium-trading arrangements for the company and its stakeholders.

The most recent analyst rating on (HK:2302) stock is a Buy with a HK$6.00 price target. To see the full list of analyst forecasts on CNNC International Limited stock, see the HK:2302 Stock Forecast page.

More about CNNC International Limited

CNNC International Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the nuclear energy materials sector, focusing on the trading and distribution of natural uranium products. The company works closely with its controlling shareholder CNOL and its ultimate parent China National Uranium Corporation (CNUC), positioning itself within the global uranium supply chain outside the PRC market.

Average Trading Volume: 3,227,752

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.4B

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