| From Bloomberg: Noble Group, in which China’s sovereign wealth fund is a shareholder, bought a 5.1 percent stake in USEC Inc., the only American-owned provider of enriched uranium for use in civilian nuclear reactors, the New York Times reported, citing a filing to the Securities and Exchange Commission.
Noble, which paid $30.2 million for the stake, wants to become USEC’s partner in marketing uranium enrichment for reactors in Asia, particularly China, Richard Elman, Noble’s founder and executive chairman, told the newspaper..............................................Full Article: Source
|