Arano says that Uranium is likely to renew mining mining projects

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The French state-owned company, which sells and treated the nuclear power plant operators in Europe, North America and Asia, benefits from production problems in the Uranium mining industry, and plan to rely on Russian uranium-enrichment services in countries such as China and a US.

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“The prices of products we sell have increased significantly for the best market opportunities and geopolitical tensions,” said Mas during a presentation on Tuesday. As it continues possible improvements in Canada and Uzbekistan, it encourages us to review a plan in Namibia.

The net income of the Nuclear Power Group has increased almost tripod by 2024, which has been raised by a sequence of contracts to return treated waste in one of the French plants of the group.

“Significantly many tunnels will reach the end of their production in the middle of the next decade,” said Mas. “There are sufficient identified evidence to take the beard, but there is a need to put new mines into the production.”

The CEO said Arano, who advanced from the government of Mongolia last month to develop a $ 1.6 billion uranium program, may reach a contract to create a small project in Uzbekistan by the end of this year. The Committee continues to adopt the operational control of their jointly -owned Somar Mine in Niger and cancels Arano’s license to improve the Emoraran tunnel last year.

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The production of Somare is almost standing, while the joint venture is called about 1,300 tonnes of yellow cake-a form of a form of Yurenium ore-250 million (1 261 million) barrels, which cannot be sent by Niger authorities.

If you eventually reach a contract, it will take almost two years to completely renew the release of Somare. The African Nation is about 1,200 tonnes of 8,200 tonnes of the group’s total production capacity. It receives about 5,000 tonnes from its operations in Canada and the remaining Kazakhstan, Mas said.

The Aarono boss said the company that expands an uranium-enrichment plant in South France by the end of 2026 or early 2027 to help Russian supplier reduce their expression.

In France, Aarono and its Chinese partner Exticie’s new energy may reach a final investment results by the end of this year, creating one of the two plants considered to create EV battery components.

“Gigfactoris suffer from slow speed than expected, this leads to correction of time to marke with our own products,” said Mas.

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