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French nuclear giant Orano obtains uranium exploration permits in Greenland

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(Kitco News) - Local media source Sermitsiaq reported today that the Government of Greenland has granted the French nuclear giant Orano (former Areva) two uranium exploration permits for areas located in southwest and southeast Greenland.

The first area is 1,042 square kilometers and located north of Arsuk and Kangiinnguiet and north of Narsarsuaq. The second area is 2,485 square kilometers and consists of two sub-areas around the Ilulileq and Paatsusoq fjords and the Kangerlussuatsiaq fjord, respectively.

However, the permits are granted on special terms, where the company cannot expect to obtain an exploitation permit automatically.

Sermitsiaq said that if the company succeeds in discovering uranium, it will be a question for the Self-Government and politicians whether to give the company the opportunity to be granted an exploitation permit.

Unlike the Kvanefjeld project, where Greenland Minerals is focused on rare earths, and where radioactive material is a by-product, Orano's exploration areas are much further away from inhabited areas.

According to Wikipedia, Orano is a multinational nuclear fuel cycle company headquartered in Châtillon, Hauts-de-Seine, France. The company is engaged in uranium mining, conversion-enrichment, spent fuel recycling, nuclear logistics, dismantling, and nuclear cycle engineering activities. It was created in 2017 as a result of restructuring and recapitalizing of the nuclear conglomerate Areva. Orano is majority owned by the French state.

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