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Niger Announces Nationalization of Orano’s Somair Uranium Venture

Niger’s military rulers claim Orano’s ‘irresponsible’ practices justify the takeover

Overview

  • The junta declared the decision on national television, accusing the French state-owned miner of illegal and disloyal conduct
  • Orano holds a 63% stake in Somair while Niger’s state-run Sopamin owns the remaining shares
  • Niger revoked Orano’s Imouraren mining permit in June 2024 and assumed operational control of Somair last December
  • Orano has launched multiple arbitration cases and sued after Nigerien authorities raided its offices and its local director disappeared
  • The move threatens to disrupt Niger’s uranium exports and deepens an already strained relationship with Paris