Niger has terminated a uranium extraction and working license granted to French state nuclear firm Orano. Niger’s navy authorities has terminated the working license for the Imolarin uranium mine within the north of the nation on Thursday, an organization assertion mentioned yesterday (Friday).
Imurarin is taken into account one of the crucial vital uranium deposits on the planet, with reserves of roughly 200,000 tons. After the 2011 Fukushima nuclear catastrophe in Japan, the uranium market collapsed and Urano suspended operations.
In 2015, the French firm deliberate to function the reserve with out beginning manufacturing, however the navy authorities that got here to energy in July 2023 warned that if mining operations didn’t begin on the mine inside three months, the corporate’s working license can be revoked, beginning in March. Final March.
Though the French firm began website preparations for manufacturing on June 4 on the request of the Nigerien authorities, the Ministry of Mines mentioned in a letter to the corporate that “the progress has not been as anticipated.”
