TASHKENT - Uzbekistan's state-owned enterprise Navoiuran presented preliminary unaudited results for 2025, recording revenue and production growth, Gazeta.uz reports.
The company's revenue reached $1.112 billion, up 20.2% from $925 million a year earlier. Adjusted EBITDA was $624 million, while net profit was $472 million (up 12.4%). Free cash flow increased 59.7% to $460 million, while net debt was $72 million (0.12x EBITDA).
Uranium production increased 35% to 7,000 tonnes, compared to 5,200 tonnes in 2024. The average selling price was $69.5 per pound.
JORC-certified uranium reserves increased by 52% to 96,600 tonnes, while mineral resources increased by 3% to 53,900 tonnes. This growth was driven by expanded production and investments in exploration and new deposits.
Capital expenditures totaled $551 million: $322 million for deposit development, $162 million for fixed assets, and $67 million for exploration. The company continued its projects at Kizilkok and Arnasai, as well as the development of in-situ leaching technologies, while also implementing alternative methods to improve efficiency.
CEO Jamal Fayzullaev noted the company's strengthening position amid growing global demand and the development of international partnerships. Navoiuran is among the largest uranium producers, ranking sixth globally, and managing 43 deposits with a resource base of 151,100 tonnes.
CentralasianLIGHT.org
April 13, 2026