Australia-based Atomic Eagle has formally executed a mining convention with Niger for its Madaouela uranium project, resolving a dispute that began when a junta took control of the African nation in 2023.

The agreement formalises the legal, fiscal and operational framework governing development of the project.

It also triggers steps to discontinue arbitration proceedings over the project at the World Bank’s International Centre for Settlement of Investment Disputes.

In July 2024, Atomic Eagle, then called GoviEx Uranium, said the junta that took control following the July 2023 coup in Niger had withdrawn its licence for Madaouela.