Uranium: Negotiating an Imouraren Revival

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As Orano mulls the use of an in-situ recovery (ISR) process to bring its mothballed Imouraren project in Niger into operation within half a decade, it faces tense negotiations with Niamey over how an Imouraren mine operation might be structured. The Nigerien government, frustrated by falling revenues from its longstanding uranium sector following the closure of one of Orano's operating mines, is eager to see greater benefit from any new uranium mine. Not surprisingly the government is encouraging rival uranium developments in the uranium-rich Tim Mersoi Basin of northern Niger — two juniors have particularly advanced projects — even as it plays hardball with France's Orano.

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