Niger’s military authorities have taken control of the uranium mining operations of French nuclear firm Orano, the company has announced ยน. This move marks a significant escalation in the deteriorating relationship between Niger and France, following the expulsion of French troops from the West African country.
The development comes after Niger’s military rulers withdrew Orano’s permit to exploit one of the world’s largest uranium deposits in June. Orano subsequently suspended production. Niger accounts for about 5% of global uranium output, making it a crucial player in the global nuclear power industry.
Orano has been warning of interference in the running of its local unit, Somair, in which Niger has a 36.6% stake. The company has struggled to export uranium due to the closure of Niger’s border with Benin for security reasons. As a result, 1,150 tonnes of uranium concentrate, worth about $210m, remain unexported.
Niger’s military rulers have expressed dissatisfaction with the way foreign companies, including Orano, have been awarded licenses. They believe the country should earn more from its mineral resources. With France sidelined, Russian and Turkish firms may now have opportunities to invest in Niger’s uranium industry.
In a statement, Orano said it intends to defend its rights while working with stakeholders to re-establish a stable and sustainable mode of operation. Niger’s authorities have yet to comment on the situation.
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