Story perspectives

U.S. Finance Corp. Approves $414M for Global Atomic’s Niger Uranium Project

By Drooid · Sep 18, 2026, 6:35 AM UTC · How we work

Summary

Story summary

U.S. Finance Corp. approved a $414 million facility for Global Atomic’s Dasa uranium project in Niger.
The deal is framed as a breakthrough to rebuild U.S.–Niger ties after the 2023 coup.
Dasa, Africa’s highest-grade uranium deposit, will yield 68.1 million pounds of uranium oxide over 23 years.
Global Atomic holds 80% of the project while Niger’s government holds the remaining 20%.
Financing requires an export route, concession extension, loan-repayment assurances, and definitive agreements.

1 of 1

Story summary

U.S. Finance Corp. approved a $414 million facility for Global Atomic’s Dasa uranium project in Niger.
The deal is framed as a breakthrough to rebuild U.S.–Niger ties after the 2023 coup.
Dasa, Africa’s highest-grade uranium deposit, will yield 68.1 million pounds of uranium oxide over 23 years.
Global Atomic holds 80% of the project while Niger’s government holds the remaining 20%.
Financing requires an export route, concession extension, loan-repayment assurances, and definitive agreements.