Vidostream | News, sport and opinion from the Vidostream's US Edition

https://vidostream.com

Russia Is Said to Seek French-Held Uranium Assets in Niger

    • Rosatom said to have contacts with junta on French-held mines
    • Russia expands presence in Africa amid confrontation with West
Coup supporters wave Russian flags in Niamey, Niger, in August 2023.Source: AFP/Getty Images

Coup supporters wave Russian flags in Niamey, Niger, in August 2023.Source: AFP/Getty Images

Russia is seeking to take over uranium assets in Niger held by a state-controlled French company, according to people informed about the matter, in a further challenge to Western interests in Africa.

Rosatom, Russia’s state nuclear company, has had contacts with Niger’s military-led authorities about acquiring assets held by France’s Orano SA, according to a person in Moscow familiar with the matter, who asked not to be named because the discussions are private. A western diplomat based in the region said talks were likely centered around mining permits. Niger accounted for about 4% of global uranium mine production in 2022, according to the World Nuclear Association.

Read More (...)

Author: Editors Desk

Source: Bloomberg

We are using cookies to give you the best experience on our website. By continuing to browse, you are agreeing to our Cookie Policy.
You did not use the site, Click here to remain logged. Timeout: 60 second