Antinuclear

Russia gets out of investment in Australian uranium company

Russia drops Mantra uranium deal after Japan quake, Google  news, (AFP) – 18 March 11 MOSCOW — A subsidiary of Russia’s atomic energy agency said Thursday it was withdrawing its $1.16 billion offer for Australia’s Mantra Resources because of the nuclear power plant problems in Japan.The Australian company’s shares lost about a third of their value on the Toronto Stock Exchange on Wednesday in line with other massive losses suffered by the world’s big nuclear energy firms.The Russian Federal Atomic Agency’s ARMZ uranium producer said in a statement that the Japanese nuclear crisis fundamentally altered the Australian company’s long-term value…..AFP: Russia drops Mantra uranium deal after Japan quake

March 18, 2011 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, business, uranium