This looks interesting.. should give the company a boost.
HONG KONG, Aug 26 (Reuters) - Australia uranium miner Paladin Energy (PDN.AX)(PDN.TO), which has operations in its home country and Africa, is in talks with Chinese companies to strike a joint venture deal worth up to $450 million, its CEO said on Wednesday.
Paladin has spoken to Guangdong Nuclear and other Chinese companies about a possible partnership in one of Paladin's development projects in Western Australia, Managing Director and CEO John Borshoff told Reuters.
The miner is talking to many parties, and is also interested in partnerships with Korean and Japanese companies, Borshoff said. It aims to complete a deal over the next 18 months. (Reporting by Joseph Chaney, Editing by Jacqueline Wong)
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