Berkeley Resources says it is now free to negotiate offtake or marketing rights with other parties after it terminated a heads of agreement with French company Areva.
Subiaco-based Summit Resources will pay French nuclear company Areva $4.5 million to settle legal action over the uranium marketing rights to the Valhalla/Skal deposit in Mt Isa.
WEST Perth-based minerals company, Murchison United NL, is set to be repositioned as a global uranium company after unveiling a strategic alliance with industrial and nuclear energy giant Areva NC.
The Australian subsidiary of French nuclear giant Areva NC will seek to intervene in legal action brought by Summit Resources Ltd against Subiaco-based Paladin Resources Ltd, which the companies announced they would drop on Friday.
06 Aug 2007
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