Reported 6 months ago
Russia is reportedly in talks to take over uranium assets in Niger controlled by French company Orano SA, following the coup in Niger that led to closer ties between military-led African nations and Russia. Rosatom, Russia's state nuclear company, has engaged with Niger's military authorities to potentially acquire mining permits. The move is seen as part of Russia's efforts to increase its influence in Africa and diversify its uranium investments, with the International Atomic Energy Agency and other entities aware of the potential transfer. The acquisition could impact global uranium markets and has drawn concerns from Western nations like the US.
Source: YAHOO