Mongolia, Orano to finalize mining deal

By Agence France-Presse

Jan 22, 2024 12:24 am

DAVOS, Switzerland: Mongolia is close to reaching an agreement with French multinational nuclear company Orano to exploit a vast uranium mine, Prime Minister Luvsannamsrai Oyun-Erdene told Agence France-Presse (AFP) in Davos.

French President Emmanuel Macron and his Mongolian counterpart Ukhnaagiin Khurelsukh signed a memorandum of understanding in October to allow Orano to exploit the Zuuvch-Ovoo mine in southwest Mongolia.

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