CAPITAL MARKETS

EDF piles pressure on Paladin

FRENCH firm Electricite de France has decided it wants its money back by next week from indebted uranium miner Paladin Energy, putting severe pressure on the already beleaguered yellowcake producer.

Michael Quinn
EDF piles pressure on Paladin

Paladin had been hoping the French utility would hold fire on the US$277 million owed it until the sale of the Langer Heinrich operation gave it the funds to repay debt and map out a new future. Notionally...

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