Paladin Rises After Signing China Guangdong Nuclear Uranium Supply Accord

- August 5th, 2010

Bloomberg.com reports Paladin’s shares (ASX:PDN, TSE:PDN) rose after signing preliminary agreement with China.
Paladin and China Guangdong Nuclear Power Group Co. signed a memorandum of understanding that may lead to a uranium supply deal and an expansion of joint ventures in Australia’s Northern Territory with Energy Metals Ltd., Paladin said in a statement today to the Australian […]

Bloomberg.com reports Paladin’s shares (ASX:PDN, TSE:PDN) rose after signing preliminary agreement with China.

Paladin and China Guangdong Nuclear Power Group Co. signed a memorandum of understanding that may lead to a uranium supply deal and an expansion of joint ventures in Australia’s Northern Territory with Energy Metals Ltd., Paladin said in a statement today to the Australian stock exchange. State- controlled China Guangdong owns 69.3 percent of Energy Metals.

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