The government of Niger and Orano Mining has signed a global partnership agreement.
This deal aims to strengthen their collaboration in the uranium sector and address several topics of mutual interest, including the Imouraren project, SOMAÏR mine operations, remediation of COMINAK, and Orano's social commitments in Niger.
The agreement means the SOMAIR mine in northern Niger could continue working until 2040, 11 years beyond its expected closure.
For the Imouraren project, Orano will explore future mining options with an investment budget of 85 million euros to demonstrate the in-situ recovery method's technical, environmental, and economic applicability.
This method would improve the project's economic balance, reduce risks, and significantly lower its environmental footprint.
Additionally, the agreement focuses on three social components: Improving skills, promoting young girls' education through the development of boarding school places and Economic development in the energy sector.
With an investment of 40 million euros, these projects are expected to be implemented by 2030.
Nicolas Maes, CEO of Orano Mining, commented:
"We are particularly pleased with this agreement which confirms the major role of Niger in the global uranium industry. This agreement renews and sets out future directions for Orano's dual industrial and social commitment in Niger. It is also a testament to our responsible approach, both in the quality of the work to rehabilitate the Cominak site and in the ambitious plan for the Imouraren deposit."