CNNC buying Canadian miner Khan Resources for $52.9m
By Xiao Wan | China Daily | Updated: 2010-02-03 08:03
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Workers take part in the expansion of CNNC's Qinshan nuclear power station in Zhejiang province. Chinese firms are accelerating overseas development of uranium resources. Wang Chaoying |
CNNC Overseas Uranium Holding Ltd (CNNC) is buying Canadian mineral exploration firm Khan Resources Inc in a C$56.5 million ($52.9 million) deal that gives it access to the Dornod field in Mongolia.
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