Niger’s government has announced plans to nationalise the Somair uranium joint venture, operated by French nuclear fuel company Orano. The announcement was made in a statement broadcast on national television on Thursday.
The move marks a significant escalation in tensions between Niger and Orano, amid worsening relations between the West African country and France following the July 2023 military coup.
The statement cited a series of grievances including the expiration of the latest mining agreement in December 2023.
“Faced with this irresponsible, illegal, and unfair behaviour 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 nationalise Somair,” the statement said.
A spokesperson for Orano declined to comment.
Orano holds a 63% stake in Somair, while Niger’s state-owned Sopamin owns the remainder, but the French operator has been shut out since the military-led government seized control of the uranium mine.
Orano, which has been pursuing arbitration against Niger and has filed lawsuits in the country against the state’s actions, has been warning of government interference at Somair, which it said was damaging the mine’s financial situation.
According to a Financial Times report in May, the company was also exploring the potential sale of its stake in the uranium venture.