Antinuclear

Australian news, and some related international items

Andrew Forrest a majority shareholder in uranium company

Andrew Forrest invests in West Australian uranium play, Australian Mining 6 May, 2014 Vicky Validakis After agreeing to a $12 million funding deal, Andrew ‘Twiggy’ Forrest is now majority shareholder of junior uranium company Energy and Minerals Australia.

The deal comes just days after Forrest bought Harvey Beef for a reported $40 million.

The uranium buy came as a surprise to the industry, with spot prices yet to recover to pre-Fukushima levels and dropping as low as US$30.75……..http://www.miningaustralia.com.au/news/andrew-forrest-invests-in-west-australian-uranium

January 10, 2015 - Posted by | business, uranium, Western Australia

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