Paladin negotiates with CNNC and other off-takers as uranium price recovers
The Australian owner of the Langer Heinrich uranium mine in Namibia needs to secure off-take agreements ahead of its decision to restart mining.
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▪ Paladin negotiates with CNNC and other off-takers as uranium price recovers
▪ The Australian owner of the Langer Heinrich uranium mine in Namibia needs to secure off-take agreements ahead of its decision to restart mining.
▪ https://www.africabusinessplus.com/en/810193/paladin-negotiates-with-cnnc-and-other-operators-as-uranium-prices-recover/
New purchase agreements on future uranium oxide production will enable Paladin Energy to raise funds to restart the site. However, the capital required is small – in the region of US$80 million – and Paladin does not rule out initially self-financing the restart of the operation.
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