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    market news

    Chinese nuclear firm ties up with Australian uranium miner

    Investing News Network
    Aug. 06, 2010 09:42AM PST
    Long Tail

    AFP reports Paladin Energy (ASX:PDN) has made long term plans with China in uranium sales.
    The agreement also mentioned the possible expansion of joint venture relationships between Paladin and Energy Metals, in which CGNPC holds a 69-percent stake, the firm said in a statement released Thursday.
    Energy Metals is an Australian uranium exploration company and holds around 54 […]

    AFP reports Paladin Energy (ASX:PDN) has made long term plans with China in uranium sales.

    The agreement also mentioned the possible expansion of joint venture relationships between Paladin and Energy Metals, in which CGNPC holds a 69-percent stake, the firm said in a statement released Thursday.

    Energy Metals is an Australian uranium exploration company and holds around 54 percent of the Bigrlyi uranium project northwest of Alice Springs in Australia’s Northern Territory. Paladin owns 42 percent of the mine.

    For complete news article, click here.

    market newschinaasx:pdnaustraliauranium sales
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