China gets 70% of Australian uranium miner
Guangdong Nuclear OKed to Acquire Australian Uranium Miner TRADING MARKETS.com October 28, 2009; GUANGZHOU, Oct 28, 2009 — China Uranium Development Co., under the wing of China Guangdong Nuclear Power Holding Co., Ltd. (CGNPC), just gained the Australian approval for the purchase of a 70 percent stake in the Australian uranium explorer Energy Metals (ASX: EME), said sources……….
……….The Australian uranium explorer owns uranium projects in both West Australia and northern areas. The Bigrlyi joint venture, under its wing, is predicted to possess 9,340 tons of uranium reserve.
EYMTF Guangdong Nuclear OKed to Acquire Australian Uranium Miner
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