Orano

Cameco's chief executive told the symposium that fuel supply capacity has to be secured now, particularly uranium, because expanding uranium production is not like adding capacity in other segments of the fuel cycle.

Orano's chief executive predicted that the next multi-million pound per year mine to come into operation anywhere on the planet will be the company's project in Mongolia, and he expects that by the end of the decade.

The chief executive of Urenco said the company plans to add four point six million separative work units of enrichment capacity globally through 2036 and disclosed an order book of twenty-seven point three billion euros in the first half of this year alone.

The most pointed comments came from Kazatomprom's chief strategy officer, who said the company is finding it increasingly difficult to maintain the traditional geographic balance of its uranium sales as demand from Eastern buyers continues to strengthen.

They're excluding Russia.

So that basically leaves Orano and Urenco as the only options to respond to this tender.

They have the option in this tender for it to be bundled with uranium.

So what they're saying is we want this end product, which is enriched uranium.

There's been multiple articles released recently discussing the fact that electricity demand is growing very, very quickly in South Korea as well.

So big de-risking for their fleet and very, very positive for the impending higher price move for uranium with this size of this tender.

Lastly, it's worth noting that both Euranko and Orano have limited capacity going out into the late 2020s.

So Korea is going to have to pay up for that swoo with that first delivery of EUP in 2028.

Exactly.

So, KHNP, the Korea Hydro Nuclear Power Corporation, which is a state-run South Korean energy company, utility company, formed an agreement to work and cooperate on uranium enrichment with Orano, which is a French nuclear energy company.

Now, forgive me for mispronouncing that company's name.

Is it Orano or Rayno? Forgive me.

I apologize.

Okay.

Thank you, because it's a very good question.

I mean, first, Orano USA, we've been present in the U.S. for 61 years, so we've been well-established.

We have about 15 facilities and engineering offices across the states, but none in Tennessee.

So this project started back in February 2022, unfortunately, because it started with the invasion of Ukraine by Russia.

All right, Jean-Luc, where can people learn more about Project Ike?

So first, go to our website, Orano Group, and you will see there's a dedicated page for Project Ike.

Of course, on LinkedIn, please follow us, Orano USA, and you will have many updates on Project Ike.

Also, we're on Twitter, on thread, and other social medias.

The force that was supposed to suppress the insurgency appears to be carrying the insurgency's pressure back into the chain of command.

The same week, Niger reassigned uranium permits formerly associated with France's Orano and Canadian's Gubbix to state-backed firms, which raises economic stakes.

There is no evidence, though, that it caused the mutiny.

So what are the actor's objectives? Well, Tiani's objectives are survival, clearly, and command discipline, as all despots have.

Niger has nationalized its entire uranium sector.

The Nigerian uranium sector was previously controlled by a French-owned company called Orano.

This is a state-owned company, so it belonged to the French state.

And they controlled, you know, Niger's uranium deposits, the exploitation and exportation of Niger's uranium.

The first story that we have from Niger, this comes from businessday.ng. Niger hands seized uranium mining permit to state company in fresh blow to France's Orana.

It's by Faith Omoboye at businessday.ng. Niger's military government has transferred a major uranium mining permit previously held by French nuclear company Orano S.A. to state-owned Tsumco S.A., deepening a dispute that has strained relations between Niamey and one of its biggest foreign investors.

The permit covers the Somayer uranium mine in the Aouza area, which Niger took control of in June 2025 after accusing Orano of extracting more uranium than allowed under its operating agreement.

Orano has rejected the takeover and is challenging Niger's actions through several commercial courts.

The latest decision was approved at a cabinet meeting on Friday, according to minutes of the session, and gives the state greater control over one of the country's most important uranium assets.

So that is on August 25th that this is being reported.

End quote.

Analysts and security sources say frustration is growing with frontline army units after repeated losses to insurgents, creating another threat to Tianyi's rule.

Of this series.

But in the last game before that, what did they score against the, uh, Orano's eight? They put up an eight spot-

Mm

... a seven spot, and a nine spot.