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.
Top coal supplier Australia cut export forecasts over 5 percent on Tuesday as the sector struggles to recover from some of the worst flooding on record.
Higher prices will cushion the blow to the nation’s once-in-a-lifetime mining boom. Australia’s economy already took a hit from summer flood and cyclone damage which contributed to the biggest slump in GDP for 20 years in the first quarter.
