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Finimize·3 min read·medium

Botswana Is Betting On Uranium To Move Beyond Diamonds

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Botswana Is Betting On Uranium To Move Beyond Diamonds
AI Summary

Botswana has granted Orano three new uranium prospecting licenses in the Kalahari region to diversify its economy beyond diamond mining. This move helps Orano secure its supply chain following the loss of its operations in Niger.

Why it matters

It illustrates the strategic shift in global uranium supply chains and Botswana's efforts to modernize its mining sector.

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The country just granted Orano three new prospecting licenses in the central Kalahari, with permits running until March 2029.

Botswana just gave France’s state-owned nuclear fuel firm Orano three new uranium prospecting licenses in the central Kalahari, running until March 2029.

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