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US seals big uranium investment in Niger, two years after troops left
The financing could strengthen U.S. access to a strategic uranium supply as Niger’s ruling junta deepens ties with Russia and disputes with Orano continue.
- On Wednesday, the International Development Finance Corporation approved up to $414 million in financing for Canadian miner Global Atomic's Dasa uranium project in Niger, marking a significant commercial re-entry two years after The United States withdrew troops.
- The Trump administration prioritized the investment to secure strategic uranium reserves and prevent rival powers from gaining influence in Niger, according to sources familiar with the deal.
- Chief Executive Stephen Roman traveled to Washington this summer to resolve financing hurdles, securing the breakthrough while Niger remains locked in a separate dispute with French state-backed miner Orano.
- Global Atomic faces significant security risks from Jihadist attacks, which have repeatedly targeted the Niamey government, forcing the company to explore alternative export routes across the Sahara Desert.
- This project provides a rare positive development in strained US-Canada relations, though Niger continues to rely on Russian paramilitaries for security and maintains improving ties with neighboring Algeria.
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22 Articles
22 Articles
US makes $414 million uranium bet in Niger two years after troops were forced out
The United States has approved up to $414.2 million in financing for a major uranium project in Niger, marking a significant American commercial return to the West African country two years after its troops were forced to leave.
·New York, United States
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US seals big uranium investment in Niger, two years after troops left
·London, United Kingdom
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The Mighty 790 KFGO+3 Reposted by 3 other sources
US seals big uranium investment in Niger, two years after troops left
By Jessica Donati DAKAR, Sept 17 (Reuters) - The US government has approved up to $414 million in financing for a uranium project in Niger, according to the project's developer, in what sources described as a win for Washington two years after the West...
Coverage Details
Total News Sources22
Leaning Left3Leaning Right4Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 23%
C 46%
R 31%
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