Finance
France's Orano to start developing Uzbek mine with state-owned partner
Published by Global Banking & Finance Review®
Posted on March 12, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 12, 2025
1 min readLast updated: January 24, 2026
Orano, in partnership with Navoiyuran, will develop the South Djengeldi uranium mine in Uzbekistan, targeting a peak output of 700 metric tons annually.
PARIS (Reuters) - French nuclear fuels company Orano said on Wednesday it would start developing its South Djengeldi uranium mining project in Uzbekistan as part of its Nurlikum Mining joint venture with Uzbek state-owned mining company Navoiyuran.
The mine is expected to produce for over a decade, with peak output forecast at 700 metric tons of uranium a year, Orano said in a statement.
Japan's ITOCHU Corporation has also acquired a minority stake in the joint venture, the statement said, and the partners will embark on an exploration programme with the aim of at least doubling the JV's mineral resources.
(Reporting by Forrest Crellin. Editing by GV De Clercq and Mark Potter)
The article discusses Orano's development of a uranium mine in Uzbekistan in partnership with Navoiyuran.
Orano is partnering with Uzbek state-owned Navoiyuran and Japan's ITOCHU Corporation.
The South Djengeldi mine is expected to produce 700 metric tons of uranium annually at peak output.
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