Niger’s nationalisation of Somair mine operated by Orano comes as it moves away from France and seeks closer ties with Russia.
Niger plans to nationalise a uranium mine operated by French nuclear firm Orano as it continues to pivot away from former colonial ruler, France.
The company, which is 90 percent owned by the French state, said on Friday that Niger’s military rulers’ planned nationalisation of the Somair mine was part of a “systematic policy of stripping mining assets”, threatening to take legal action over the move.
The military government – which came to power in a 2023 coup, pledging to review mining concessions – had said a day prior that it intended to take control of the Somair mine, accusing Orano of taking a disproportionate share of uranium produced at the site.
Orano holds a 63 percent stake in Somair, while Niger’s state-owned Sopamin owns the remainder, but the government said that Orano had taken 86.3 percent of production between the mine’s launch in 1971 and 2024.
