RUVUMA, Oct. 1 -- TANZANIA is on the cusp of a nuclear energy revolution that could reshape its economic destiny and position the nation among Africas elite uranium producers, thanks to a 1 billion US dollars push to transform the countrys vast uranium reserves into a strategic economic asset.

At the heart of this nuclear ambition lies the Mkuju River uranium project in Namtumbo District, Ruvuma Region. Valued at approximately 1 billion US dollars (about 2.6tri/-), the project is emerging from more than a decade of dormancy to become one of the most strategically significant mining ventures in the countrys history.

Developed by Mantra Tanzania Limited, a subsidiary of Russias Uranium One Group under Rosatom, the project remained largely...