The S&P/TSX Composite Index $^GSPTSE, Canada's primary stock index focused on commodity-related sectors, experienced a downturn on Monday, closing down by 0.7% at 24,008.86 points. This decline halted a five-day winning streak and primarily stemmed from losses in energy stocks and uranium mining companies. The market's fluctuations were exacerbated by rising tensions surrounding comments made by U.S. Federal Reserve Chairman Jerome Powell, which drew criticism from President Donald Trump.
French nuclear fuel manufacturer Orano, a leading player in the industry, is setting its sights on new horizons to meet the growing global demand for nuclear energy. Faced with setbacks from suspended projects in Niger, due to political changes in the region, Orano is now looking to expand uranium mining operations in Mongolia, while also exploring opportunities in Uzbekistan and Canada. This article examines the strategic directions of Orano and the regional factors shaping its future growth.