Paladin Energy aims to crack uranium big league with Canadian takeover
Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.
Fortescue Metals said on Wednesday executive chairman Andrew Forrest transferred ownership of 220 million Fortescue shares worth about A$5 billion ($3.39 billion) to Minderoo Foundation.
Minderoo Foundation is the philanthropic foundation of Andrew and Nicola Forrest.
($1 = 1.4732 Australian dollars)
(By Jaskiran Singh; Editing by Maju Samuel)
Comments