(Boursier.com) — Orano takes note of the decision of the Niger authorities to withdraw from its subsidiary Imouraren SA its permit to exploit the depositand this despite the resumption of on-site activities in accordance with the expectations they had expressed.
Committed for more than 50 years in Niger, Orano participates with its partners through its subsidiaries in the development of the country’s uranium potential and the development of the regions of Northern Niger. Orano specifies that it has “always been part of a responsible approach of partnership and transparency, acting in continuous consultation with the State of Niger and local stakeholders, particularly within the framework of the ambitious and long-term roadmap defined in the global partnership agreement signed in May 2023”.
Current market conditions, with a favorable increase in the price of uranium, make it possible to once again consider putting Imouraren into operation.
Taking into account the context, and in response to requests from the authorities, Orano submitted to the State of Niger a concrete technical proposal allowing this development as quickly as possible. To this end, the infrastructures have already been reopened since June 4 to accommodate the construction teams and advance the work.
Orano is concerned about the negative impact that this decision to withdraw the exploitation permit for the deposit will have on the economic, social and societal development of the region..
Orano remains prepared to keep all channels of communication open with the Niger authorities on this subject, while reserving the right to contest the decision to withdraw the operating permit before the competent judicial authorities, national or international..
©2024 Boursier.com