Paladin Energy Secures Two Uranium Off-Take Agreements
Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced it has secured two mid-term off-take agreements for uranium production originating at its mines in Namibia and Malawi.
Paladin Energy Ltd. (TSX:PDN,ASX:PDN) announced it has secured two mid-term off-take agreements for uranium production originating at its mines in Namibia and Malawi.
Reuters reported Paladin Energy Ltd (TSX:PDN,ASX:PDN) said employees at its Kayelekera mine in Malawi went on strike on Friday demanding higher pay.
According to the World Nuclear Association, uranium production in Malawi has increased in the last 2 years from zero to approximately 670 tonnes of uranium. Malawi was the only country to report a triple digit marginal growth rate for uranium production over the last 12 months.
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