Langer Heinrich fate in CNNC hands

PALADIN Energy is now looking at a future without its only operating uranium mine after agreeing to allow an independent valuation of the Langer Heinrich operation that may result in Chinese partner CNNC acquiring Paladin’s 75% stake.

Langer Heinrich fate in CNNC hands Langer Heinrich fate in CNNC hands Langer Heinrich fate in CNNC hands Langer Heinrich fate in CNNC hands Langer Heinrich fate in CNNC hands

The valuation will be performed by an undisclosed “independent international investment bank with uranium experience” and is expected to be completed over the next 5-6 weeks.