Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, May 29, 2015

China Is Hunting For Uranium Assets


Summary

  • China’s nuclear power giant, CNNC is looking to acquire uranium assets in Canada, Australia and Kazakhstan.
  • CNNC is also listing its subsidiary, raising more than $2 billion from the IPO.
  • CNNC is rushing to acquire uranium assets as prices still remain 50% below the levels they traded before the nuclear accident in Japan four years ago.


http://seekingalpha.com/article/3219396-china-is-hunting-for-uranium-assets

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