URANIUM
ASX-listed Paladin Energy has continued the sale of its uranium oxide (U3O8) stockpiles during the quarter ended December, with some 475 000 lb U3O8 sold during the quarter at an average price of $31.41/lb.
Paladin in May of last year took the decision to place its Langer Heinrich operation, in Namibia, on care and maintenance, as uranium prices remained low.
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