China National Nuclear in Talks With Areva on Uranium Stakes
China National Nuclear Corp. said it’s in talks to buy a stake in uranium mines owned by Areva SA (AREVA) 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 an interview in Seoul today, without giving a time-frame or details on location.
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