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JOGMEC does uranium deal

ANY uncertainty about what the future holds for nuclear power generation in Japan post-Fukushima hasn’t stopped Japanese government organisation JOGMEC deciding to get involved with ASX-listed companies Deep Yellow and Toro Energy in a uranium exploration joint venture in Namibia.

Michael Quinn
JOGMEC does uranium deal

JOGMEC, which is said to be tasked with securing stable supplies of natural resources and energy for Japan, will spend $A4.5 million to earn 39.5% in the 600 square kilometre Nova joint venture. Assuming...

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