EdF requiring big repayment from Paladin

BELEAGUERED uranium miner Paladin Energy is under increased pressure from Electricite de France and should know in the next four weeks what its 75% -stake in the Langer Heinrich operation is valued-at.

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A thus-far undisclosed investment bank is currently being appointed to undertake a valuation of the operation, with the 25% Chinese owner CNNC a possible buyer of Paladin’s stake.