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uranium — 1 lead

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FriSep 18Washington's development bank approves US$414 million for a uranium mine in Niger that has no open road to the sea

On September 16, 2026 the U.S. International Development Finance Corporation approved a debt facility of up to US$414 million for Global Atomic's Dasa uranium project in Niger, two years after the country expelled American troops — conditional on finding a way to get the yellowcake out.

The loan is worth nearly twice the company's equity, the stock gave back a third of its one-day jump within two sessions, and the binding condition is a diplomatic problem the lender's own government now has a reason to solve.

uranium73Closing conditions open with no stated deadline; commercial production targeted for the second half of 20286

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