Namibia: Paladin recapitalises to reopen uranium mine
The Australian group, supported by China National Nuclear Corp (CNNC), has raised nearly $170 million to relaunch Langer Heinrich, one of Namibia’s largest uranium mines. The mine has been shut since 2018.
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▪ Namibia: Paladin recapitalises to reopen uranium mine
▪ The Australian group, supported by China National Nuclear Corp (CNNC), has raised nearly $170 million to relaunch Langer Heinrich, one of Namibia’s largest uranium mines. The mine has been shut since 2018.
▪ https://www.africabusinessplus.com/en/807376/namibia-paladin-recapitalises-to-reopen-uranium-mine/
Paladin Energy, listed on the Australian Securities Exchange (ASX), has completed the first part of its capital increase of A$218.7 million ($166 million).
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