An investment agreement worth $1.6 billion will see France’s Orano Group and Mongolia’s MonAtom Group jointly develop the ...

Ovoo, was finally green-lighted with the signing of a $1.6 billion joint investment agreement between its government and ...

the French state-controlled mining company said in a statement. Orano and Mongolia’s state-owned MonAtom Group will together develop deposits holding an estimated 90,000 tons of uranium.

Production from the Zuuvch-Ovoo uranium mine is anticipated to commence in 2028. It is expected to create 1,600 direct and indirect jobs. Mongolia's Prime Minister Oyun-Erdene Luvsannamsrai stated ...

PARIS, January 17, 2025--(BUSINESS WIRE)--Regulatory News: The Orano Group has signed an investment agreement for the development and operation of the Zuuvch-Ovoo uranium mine in Mongolia's ...

PARIS--(BUSINESS WIRE)--Regulatory News: The Orano Group has signed an investment agreement for the development and operation of the Zuuvch-Ovoo uranium mine in Mongolia's southeastern Dornogovi ...

French multinational company Orano has been given the go-ahead to develop and operate a major uranium mine, in Mongolia. Under an investment agreement signed on Friday, Badrakh Energy, a joint ...

On Jan. 17, Mongolia’s first uranium mine, Zuuvch-Ovoo, was finally green-lighted with the signing of a $1.6 billion joint investment agreement between its government and French majority state ...