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Paladin Energy Ltd PALAF

Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life 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 exploration projects include 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. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

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Post by shakerman640on Jun 02, 2015 12:55am
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Post# 23787473

Japan’s first reactor restart delayed to mid-August 2015

Japan’s first reactor restart delayed to mid-August 2015https://www.reuters.com/article/2015/06/02/us-japan-nuclear-restarts-idUSKBN0OI06C20150602

Japan’s first reactor restart delayed to mid-August 2015: Kyushu Electric

TOKYO

Japan's Kyushu Electric Power said on Tuesday it has delayed the restart of its Sendai nuclear plant in southwestern Japan, the first to be brought back into service under new rules introduced after the 2011 Fukushima disaster.

The delay to mid-August from the previous target of late July follows a warning by Japan's nuclear regulator in April that the utility's schedule for a restart was too optimistic.

All 43 of Japan's operable nuclear reactors are currently offline. A restart of Sendai's 890-megawatt No. 1 unit following stringent safety checks would mark the first resumption of nuclear power generation in nearly two years.

Prime Minister Shinzo Abe has said rebooting the country's nuclear sector is needed to cut the cost of using fossil fuels for power generation, but he faces a deeply skeptical public after the meltdowns at the Fukushima Daiichi plant north of Tokyo.

Kyushu has notified the nuclear regulator that operational checks of some facilities needed before it can start loading uranium fuel into the reactor are likely to end two weeks later than previously announced, a Kyushu spokesman said.

Delaying the restart would likely raise the consumption of fossil fuels in the peak summer demand season, the spokesman said, declining to give details.

The company made no changes to the planned restart of the 890-megawatt Sendai No. 2 reactor in late September. The No. 1 unit has been offline since May 2011 and the second unit since September that year.

Five of Japan's reactors have received basic clearance and are at varying stages of the review process.
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