Mongolia opens way for uranium mining with $1.7bn French deal

Production at southwestern site could start in 2028, says French miner Orano

2023-10-12 FRANCE-MONGOLIA.JPG

President Emmanuel Macron welcomes his Mongolian counterpart Ukhnaagiin Khurelsukh to the Elysee Palace in Paris as part of his state visit. © Reuters

MAILYS PENE-LASSUS, Nikkei staff writer

PARIS -- France and Mongolia have signed a 1.6 billion euro ($1.7 billion) deal that paves the way for the mining of uranium in the landlocked country, the chairman of French nuclear energy provider Orano told Nikkei Asia on Thursday.

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