Representatives of the State Enterprise “Navoiyuran” held negotiations with investors in London

Representatives of the State Enterprise “Navoiyuran” conducted a series of presentations and negotiations for international investors in London, United Kingdom.

During the events, investors were provided with comprehensive information regarding the company’s key financial indicators for the results of 2025, as well as projected performance expectations for 2026.

Information was also presented concerning the allocation of proceeds raised through the placement of Eurobonds on the London Stock Exchange in 2025, the prospects for cooperation with existing Eurobond holders and potential investors, as well as the company’s planned future IPO processes.

During the meetings, investors received detailed responses to questions related to the financing of the enterprise’s prospective investment projects, trends in financial performance, plans to increase production volumes, the impact of sulfuric acid prices on production costs, investment programs, the establishment of new joint ventures, dividend policy, the execution of new uranium supply agreements, fluctuations in global uranium prices, and alternative logistics routes for product delivery to customers.

As part of the event, a memorandum — the Highly Interested Letter — was signed between JP Morgan Chase Bank and SE “Navoiyuran”, outlining cooperation aimed at preparing the enterprise for future IPO processes.

In addition, specialists from JP Morgan Chase Investment Bank and representatives of SE “Navoiyuran” exchanged views on improving liquidity management and cash management systems within the enterprise, as well as on the prospects for further cooperation in the field of future transactions.