Progress at Niger uranium project despite funding challenges
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Progress at Niger uranium project despite funding challenges
There has been significant development at the Dasa uranium project in Niger.
Article published by WhyAfrica
According to the International Atomic Energy Agency (IAEA) 416 nuclear reactors are in operation around the world, with 63 new nuclear reactors under construction.
The pace of new nuclear plant construction together with increased demand for zero emission base load power and new AI applications are expected to drive a significant supply deficit in the global uranium market.
WhyAfrica is following several interesting uranium projects across Africa and new developments in Namibia, Zambia and Niger are on our radar for 2026.
Global Atomic Corporation’s Dasa Project in Niger is on our list of top early stage projects to follow in 2026.
If the company can overcome its funding challenges, Dasa will be well positioned to supply yellowcake by 2028.
Support despite challenges
According to Stephen G. Roman, President and CEO of Global Atomic the company benefits from strong government support despite funding challenges.
“Our biggest challenge in 2025 continued to be financing delays for either a minority JV solution or a debt facility with the U.S. development bank. The bank ended the year with positive news that their approval process for Dasa had moved forward to investment committee review,” says Roman.
Roman adds that the mine at Dasa was extended vertically and laterally during this year.
“Mine development included infrastructure to manage ventilation, electrical, water and particularly safety to support the mining team. The heavily used access ramp has been paved down to the third level adjacent to the footwall of the ore body.”
Site preparation for the processing plant has advanced significantly with earthworks complete on the majority of terraces and civil works progressing well across the site.
“All of this work has been achieved with the use of local contractors under the supervision of our local SOMIDA team.”
Follow uranium in 2026
Dasa was discovered in 2010 and the “First Blast Ceremony” took place in November 2022.
Global Atomic expects that the mine will be commissioned in the second half of 2027.
The company has also identified three additional uranium deposits in Niger that may be advanced with further assessment work.
For more on uranium, exploration and African mining, visit the WhyAfrica website, your one stop shop for on the ground information and business intelligence about Africa.
WhyAfrica specialises in the sustainable use and responsible development of Africa’s natural resources.
WhyAfrica tracks and visits mineral exploration and mining development projects across Africa.
Image: Construction in full swing at Global Atomic Corporation’s Dasa Project in Niger. Image credit: Global Atomic.
Progress at Niger uranium project despite funding challenges