Stake in mines

   Date:2012-03-26

CHINA National Nuclear Corp yesterday said it's in talks to buy a stake in uranium mines owned by Areva SA as the world's biggest energy consumer prepares to resume approval of new reactor construction.

"We are also discussing opportunities with many countries to cooperate in terms of uranium exploration and mining," Sun Qin, president of China's biggest atomic power plant operator, said in Seoul yesterday, without giving a time frame or details on location.

Source:shanghaidaily

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