A specialist company Providing investors with direct exposure to the uranium market
24.37 m lb Current holding of U3O8
Share price
Spot uranium price
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OUR INSIGHTS

CEO’s view –Reflections on the 2026 World Nuclear Association Symposium

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ABOUT US

Realising value

Through our physical holding of uranium oxide concentrate (U3O8) and uranium-related commercial activities, we create an opportunity to realise value from long-term exposure to the uranium spot price in a low-risk, low-cost, liquid and publicly quoted vehicle.

Learn more
Yellow Cake’s long-term partnership with Kazatomprom is a strategic advantage that provides access to material volumes of uranium at the prevailing market price. The current Framework Agreement runs to 31 December 2027.

KEY HIGHLIGHTS

Our investment case

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Exposure

Exposure

Provides investors with exposure to the uranium spot price without the operating risks associated 
with exploration, development, mining or processing.

Benefit

Benefit

Positioned to benefit  from a structural supply deficit forecast to widen into the 2030s as reactor demand accelerates, secondary supply depletes and new mine supply remains constrained.

Leadership

Leadership

A strong board 
and management committed to good governance and high ethical standards.

Liquidity

Liquidity

Yellow Cake creates liquidity for investors in a traditionally illiquid commodity.

KEY INFORMATION

Regulatory news

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