US EditionNiger Uranium Hits International Market
Niger’s junta nationalized Somair uranium, cutting ties with France’s Orano and seeking new buyers including Russia, with Niger supplying 25% of Europe’s natural uranium, Euratom data shows.
- On Sunday, Niger's military regime announced it would put uranium produced by Somair on the international market following the June nationalisation, state television Tele Sahel reported citing General Abdourahamane Tiani.
- Turning away from France, the junta accused the former colonial power of backing separatists and sought Russia’s help after the 2023 coup, shifting security and mining ties.
- A tribunal ruling in late September found Orano prevailed over Somaïr's June nationalisation and ordered Niger not to sell its 1,300 tonnes of concentrate valued at €250 million, while journalists reported a convoy carrying 1,000 tonnes recently left Arlit, Niger, for Lomé, Togo via Burkina Faso.
- Having admitted losing operational control in December 2024, Orano officially retains a 60 percent stake and seeks arbitration, affecting European nuclear fuel supplies, which accounted for a quarter in 2022.
- General Abdourahamane Tiani asserted Niger's 'legitimate right to dispose of its natural riches' and sell uranium freely, while Imouraren holds an estimated 200,000 tonnes deposit affecting long-term strategy.
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By opening up its uranium to the international market and breaking with its historic contracts, Niger is attracting new actors and challenging the balance of the Sahel.
Niger uranium hits international market
Niger's military regime on Sunday announced it was putting uranium produced by Somair -- a subsidiary of French giant Orana before the regime nationalised it in June -- on the international market. Uranium mining in Niger is at the centre of a standoff between the junta that took power in 2023 and Orano, which is 90-percent owned by the French government and has operated mines in Niger for decades.
Niger to Float Its Uranium On International Market in Break With France's Orano
Niger's military regime has announced it is putting uranium produced by Somaïr - a subsidiary of French nuclear giant Orano before the regime nationalised it in June - on the international market.
Niger to float its uranium on international market in break with France's Orano
Niger's military regime has announced it is putting uranium produced by Somaïr – a subsidiary of French nuclear giant Orano before the regime nationalised it in June – on the international market.
New episode of the iron arm between Orano and Niamey: Nigerian uranium will be available on the international market after the nationalization of Somair last June. According to some information, a convoy carrying 1,000 tons of uranium would already have left from Arlit to reach the port of Lomé, passing through Burkina Faso.
The head of the ruling junta claimed "the legitimate right of Niger to dispose of its natural wealth, to sell it to anyone who wishes to purchase, under market rules, in complete independence".
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