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How Bannerman’s $321.5M JV with CNNC Unlocks Debt-Free Etango Uranium Mine

8:02pm on Thursday 12th of February, 2026 AEDT Mining
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How Bannerman’s $321.5M JV with CNNC Unlocks Debt-Free Etango Uranium Mine

8:02pm on Thursday 12th of February, 2026 AEDT
Key Points
  • CNNC Overseas Limited invests up to US$321.5 million for 45% JV stake
  • Debt-free construction pathway for Etango uranium mine
  • CNNC to purchase 60% of Etango’s uranium production on market terms
  • Bannerman retains 52.25% economic ownership of Etango project
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