Niger Uranium: France Excluded, USA Makes Investment Proposal

The U.S. International Development Finance Corporation approved a debt facility of $414.2 million for the Dasa uranium project in Niger, led by Global Atomic. This funding is contingent on an agreement with the Nigerien government and guarantees on repayment authorizations. The project aims for commercial production in the second half of 2028, with an estimated capacity of 68.1 million pounds of U₃O₈ over 23 years.