Rosatom sells Honeymoon uranium mine in South Australia
Russia's state-owned nuclear energy company Rosatom has finally lost patience with the Honeymoon uranium project in northern South Australia and is selling it off to an ASX-listed minnow called Boss Resources.
Honeymoon is one of the five Australian uranium mines in Australia, four of which are located in South Australia, but it has been in mothballs for the past two years because of the plunge in uranium prices which made it uneconomic to continue mining from the site.
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