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In July 2017, Paladin filed for insolvency, due to its high debt and consistently low uranium prices. The stock was also delisted from the Toronto Stock Exchange. [9] To pay its debt, Paladin made a debt-for-equity swap on February 2, 2018, with 98% of its shares being transferred to its creditors. Its shares were subsequently reinstated for ...
The Ranger uranium mine of Energy Resources of Australia. Energy Resources of Australia Ltd (ASX: ERA) is a public company based in Australia. It is a subsidiary of the Rio Tinto Group which as of 2021 owns 86.3% of the company. [1] The remainder is publicly held and traded on the Australian Securities Exchange.
Energy Transition Minerals Ltd (formerly Greenland Minerals Limited, [1] ASX Code: ETM) is an ASX-listed company focused on the exploration, development and financing of minerals that are critical to a low carbon future.
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Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). [3] It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government.