Reported at domain-b.com, this is a great story. A Russian and a Chinese company competing to buy a Mongolian uranium mine from a Canadian junior, while mighty Washington sleeps…
Continuing its acquisition spree for the world’s natural resources to fuel the development of the its fast-growing economy, another state-owned Chinese company, CNNC Overseas Uranium Holding Ltd (CNNC Overseas), an indirect wholly-owned subsidiary of China National Nuclear Corporation (CNNC) is set to acquire Canada’s Khan Resources Inc (Khan), a Mongolia-focused uranium mine developer, for approximately C$56.5 million ($53 million).
You can read the rest of it here.
How long before China or its surrogates begin making offers on Canadian, American, or Greenland deposits? Maybe they have already.
abandoned rare earths how many mines r there in u s and canada???????
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