Uranium & Fuel

France’s Orano Signs $1.6 Billion Agreement To Develop And Operate Mongolia Uranium Mine

By David Dalton
17 January 2025

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France’s Orano Signs $1.6 Billion Agreement To Develop And Operate Mongolia Uranium Mine
The Zuuvch-Ovoo uranium mine in Mongolia’s southeastern Dornogovi province. Courtesy Orano.
France’s nuclear fuel cycle company Orano has signed a $1.6bn (€1.5bn) investment agreement for the development and operation of the Zuuvch-Ovoo uranium mine in Mongolia’s southeastern Dornogovi province.

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