Video: Uranium Royalty taps market rebound
Rising demand for nuclear energy has brought back uranium from a decade-long slump.
Rio Tinto-owned Energy Resources of Australia said on Friday a local court issued an interim stay order to its decision on declining to renew the miner’s Jabiluka high-grade deposit lease.
Earlier this week, the company sued the resources minister for denying the lease renewal.
(Reporting by Roshan Thomas in Bengaluru; Editing by Anil D’Silva)
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