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China's leading nuclear utility buys 25% stake in Paladin's Namibia uranium mine

Ana Komnenic | January 21, 2014 | 12:05 am Energy Africa China Europe Uranium 

China National Nuclear Corporation (CNNC) - the country's leading nuclear utility - has bought 25% of Paladin Energy's (TSE:PDN) flagship uranium mine, Langer Heinrich, in Namibia. Through its wholly-owned subsidiary China Uranium Corp., CNNC paid $190 million for the stake....

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