Chinese nuclear firm ties up with Australian uranium miner

- August 6th, 2010

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.

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