Orano, a French nuclear fuel company, and Navoiyuran, Uzbekistan’s state-owned uranium mining enterprise, have signed an agreement to advance the industrial development of the South Djengeldi uranium deposit, Orano announced in a statement. Under the deal, uranium production is expected to ramp up to 700 tons per year within the next decade.
«Orano and Navoiyuran announce an agreement laying the foundations for the industrial development of the South Djengeldi uranium mining project of their joint venture Nurlikum Mining,» the company said in its statement.
Under the agreement, the South Djengeldi project will be integrated into...