COMPANIES Areva, the French nuclear company, has secured a key source of uranium needed to supply its global expansion plans with a deal to open a new mine in Niger.
The agreement will normalise Areva's increasingly strained relationships with the former French colony, which has sought to erode the company's 30-year monopoly. Under the accord, Areva has won the right to invest more than €1bn ($1.5bn) in opening another uranium mine in the west African country.
