Yellow Cake to make additional uranium purchases

London-based Yellow Cake plc has announced plans to buy a further 3 million pounds U3O8 (1154 tU), including 1 million pounds U3O8 from Kazatomprom in addition to that already covered in its option agreement with the Kazakh uranium producer. It also intends to buy some 2 million pounds of material sourced from CGN Global Uranium Limited. ...read more