onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Niger says it will nationalize a uranium venture operated by France’s Orano
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
News

Niger says it will nationalize a uranium venture operated by France’s Orano

Last updated: June 20, 2025 9:32 am
OnlyTrustedInfo.com
Share
2 Min Read
Niger says it will nationalize a uranium venture operated by France’s Orano
SHARE

DAKAR, Senegal (AP) — Niger’s government said Thursday it would nationalize the Somaïr uranium venture operated by French company Orano and accused it of taking a disproportionate share of the uranium produced at the site.

The announcement comes as military authorities in the west African country tighten their grip on foreign companies and civil society. Tensions have simmered for months between Niger’s military government and the French company, and relations between Niamey and Paris have deteriorated.

“Faced with the irresponsible, illegal, and unfair behavior by Orano, a company owned by the French state — a state openly hostile toward Niger since July 26, 2023 … the government of Niger has decided, in full sovereignty, to nationalize Somaïr,” the authorities said in a statement.

The authorities allege that Orano took a disproportionate share of the uranium produced at Somaïr. They added that the company has also been accused of other “irresponsible actions” at the site, without elaborating.

Orano did not immediately reply to The Associated Press’ request for a comment.

Somaïr is a joint venture between Orano and Niger’s state-owned Sopamin, which operates the only active uranium mine in the country. But last year, authorities took operational control of Somaïr. They also withdrew Orano’s operating permit for the Imouraren uranium mine, with reserves estimated at 200,000 tons.

Orano is involved in several arbitration processes with Niger. Last month it sued the Nigerien authorities after the disappearance of its director and the raiding of its local offices.

Orano has been operating in Niger, the world’s seventh biggest supplier of uranium, for over 50 years and holds majority shares in three main uranium mines in Niger.

Nigerien military authorities seized power in 2023 with a pledge to cut ties with the West and review mining concessions. Before that, the country was the West’s major economic and security partner in the Sahel, the vast region south of the Sahara Desert that has been a hot spot for violent extremism.

You Might Also Like

Armenia and Azerbaijan finalise draft peace deal to resolve conflict | News

Fed’s Goolsbee calls tariffs ‘stagflationary’

Colossal squid filmed for the first time 2,000 feet below the ocean’s surface

Possible 2028 Democrats target Vance on GOP megabill tiebreaker

Watch live: Duffy outlines plans to upgrade US drone technology

Share This Article
Facebook X Copy Link Print
Share
Previous Article Family Awarded  Million After Daughter, 11, Dies from Lethal Painkiller Dose — Months After Beating Leukemia Family Awarded $20 Million After Daughter, 11, Dies from Lethal Painkiller Dose — Months After Beating Leukemia
Next Article Mega Millions winning numbers for June 20: Jackpot rises to 2 million Mega Millions winning numbers for June 20: Jackpot rises to $302 million

Latest News

Tiger Woods’ Swiss Jet Landing: The Desperate Gamble for Privacy and Recovery After DUI Arrest
Tiger Woods’ Swiss Jet Landing: The Desperate Gamble for Privacy and Recovery After DUI Arrest
Entertainment April 5, 2026
Ashley Iaconetti’s Real Housewives of Rhode Island Shock: Why the Cast Distrusted Her Bachelor Fame
Ashley Iaconetti’s Real Housewives of Rhode Island Shock: Why the Cast Distrusted Her Bachelor Fame
Entertainment April 5, 2026
Bill Murray’s UConn Farewell: The Inside Story of Luke Murray’s Boston College Hire
Bill Murray’s UConn Farewell: The Inside Story of Luke Murray’s Boston College Hire
Entertainment April 5, 2026
Prince Harry’s Alpine Reunion: Skiing with Trudeau and Gu Echoes Diana’s Legacy
Entertainment April 5, 2026
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2026 OnlyTrustedInfo.com . All Rights Reserved.