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Paladin Energy Ord Shs T.PDN

Alternate Symbol(s):  PALAF

Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership in the Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its Patterson Lake South (PLS) Project hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit. The property comprises over 17 contiguous claims totaling 31,039 hectares. Its exploration projects include West Cluff, Larocque, Seahawk, Merlin, Corsair, Typhoon, Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada.


TSX:PDN - Post by User

Bullboard Posts
Comment by uwatcheron Dec 22, 2014 9:12pm
232 Views
Post# 23258074

RE:China’s five-year plan(s) = STAGGERING

RE:China’s five-year plan(s) = STAGGERINGSeriously, don't tell me this is relevent
[img]https://i.imgur.com/GLvWqwG.jpg [/img]

bestiole wrote:

China’s five-year plan(s) = STAGGERING

Mainland China has 22 nuclear power reactors in operation, 26 under construction and more about to start construction. At 10:00 p.m. on December 15, Unit 1 of the Fangjiashan plant in China’s Zhejiang province became China’s 22nd nuclear power reactor to enter commercial operation.

In September 2013, the Chinese State Nuclear Power Technology Corporation estimated that four to six new reactor units per year would be needed up to 2015; then six to eight units per year from 2016 to 2020, and 10 units each year after 2020. Do the math based on 400,000+ pounds of new U3O8 demand annually for each new reactor. Right now, a new reactor is turned on in China every two months, but by 2020 it has been proposed that a new reactor will be plugged into the grid EVERY MONTH!

https://resourceinvestingnews.com/80036-uranium-price-nuclear-energy-china-russia-india-iran.html

The success of Chinese plans for nuclear power are an absolute necessity due to: the electrification of cities and power manufacturing centers; plans for large-scale seawater desalination by 2015; and demands to replace coal-fired power plants with less-polluting power sources.



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