Orano looks to Mongolia as new source for uranium as Niger problems drag on
French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production from its stalled projects in Niger, said CEO Nicolas Maes. State-owned Orano has had problems exporting uranium from its mines in Niger since the country was taken over by a military junta in 2023 and said late last year it had lost control of its majority-owned projects there.
French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production from its stalled projects in Niger, said CEO Nicolas Maes. State-owned Orano has had problems exporting uranium from its mines in Niger since the country was taken over by a military junta in 2023 and said late last year it had lost control of its majority-owned projects there.
