French Company Might Lose Its Right To Mine Uranium In Niger
Date
6/15/2024 3:10:08 PM
(MENAFN- AzerNews)
A French Orano SA could lose the right to mine uranium at one of
the largest deposits in the world by June 19 after Niger rejected
the French nuclear company's plan for developing the
asset, Azernews reports.
Orano continues to operate a single large uranium mine in Niger
but its proposed plan for the development of the Imouraren deposit
“doesn't meet the authorities' expectations,” Niger's mining
ministry said in a letter seen by Bloomberg. A junta spokesman
confirmed the letter dated June 11.
“The second and final notice will end on June 19, after which
date the company's operating permit will be revoked,” the letter
said. A Niger mining ministry official couldn't be reached for
comment. An Orano spokesperson didn't respond to a request for
comment.
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