Disaster Looms As French Uranium Mine in Niger Faces Bankruptcy ...Middle East

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Disaster Looms As French Uranium Mine in Niger Faces Bankruptcy
source : OILPRICE ( Middle East ) () 29
French nuclear fuel giant Orano’s uranium mining subsidiary in northern Niger is on the verge of bankruptcy, raising alarms over future nuclear fuel supply chains amid deepening tensions with the ruling junta, Reuters reported on Wednesday. The company cited a breakdown in talks with Niamey and the blocking of essential equipment at the border as the primary drivers of the crisis. The COMINAK mine in the Arlit region once supplied up to 30% of France’s uranium needs. Although the mine ceased production in 2021, Orano remains responsible…

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