US approves up to $414 million financing for Niger uranium project
The United States has approved as much as $414 million in financing for a uranium project in Niger, in a move that could reshape ties between Washington and Niamey. The debt facility was approved by the US Development Finance Corp for Global Atomic's Dasa project, according to the company. The decision comes two years after the United States agreed to withdraw troops from Niger and at a time when the country is seeking to balance relations with several outside powers.Global Atomic says the Dasa project contains what it describes as the highest-grade uranium deposit in Africa. The company said the... [Continue Reading]
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