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China’s Own IPO Confirms: “China National Uranium Co., Ltd.” Supplies Uranium for Nuclear Weapons
2 months ago
26
China National Uranium Co., Ltd. (CNUC), according to its August 5, 2025 IPO prospectus, openly confirms its role in supplying natural uranium for both China’s nuclear power and “national defense” sectors. The document identifies major foreign suppliers and partners—including Rio Tinto, Cameco, BHP, and WMC Energy—while also disclosing that one of its subsidiaries, CNUC Guyuan Uranium Industry Co., Ltd., controls multiple land parcels designated for “military use.” https://cpajim.substack.com/p/chinas-own-ipo-confirms-china-national
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