Paladin Signs Agreement With Electricite de France To Provide Uranium

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced it has entered a long-term agreement to provide yellow cake from 2019 through 2024 to Electricite de France S. A.

As quoted in the press release:

Paladin is pleased to confirm that the counterparty to this contract is Électricité de France S.A (EdF). EdF is the main electricity generating and distribution company in France and manages 58 nuclear power plants in that country making it the largest single nuclear utility in the world.

The Board of Paladin is very pleased to have established a first long-term relationship and working partnership with this major international utility.

Click here to read the Paladin Energy Ltd. (TSX:PDN) press release.