Home News Niger Authorities Take Control of French Uranium Subsidiary Somaïr
News

Niger Authorities Take Control of French Uranium Subsidiary Somaïr

703

Nigerien authorities have taken operational control of Somaïr, a French uranium giant Orano subsidiary, the company confirmed in a press release. This shows the escalation in the strained relationship between the Nigerien government and the French firm, which has been a key player in the country’s uranium sector.

According to Orano, Niger’s authorities have refused to export the company’s production, a decision that was solidified during a December 3 meeting of Somaïr’s board of directors.

The decisions taken during the company’s board meetings are no longer being implemented, and Orano therefore confirms today that the Nigerien authorities have taken operational control of the company,” the press release stated.

This development followed Orano’s announcement in late October that it was suspending production at its Arlit site, the company’s last operating uranium mine in Niger, citing “major financial difficulties.”

The refusal to allow exports, coupled with Niger’s assumption of operational control, signals the government’s determination to assert greater authority over its resources, which has been a priority in recent times.

Somaïr, based in Arlit, has long been a cornerstone of Niger’s uranium production, a sector that is critical to the country’s economy and to Orano’s global supply chain.

Observers note that this move is likely to further complicate relations between Niger and France. Niger, one of the world’s largest uranium producers, has been reassessing its resource policies under the new government, emphasising national sovereignty and control over its natural wealth. The decision to block exports and seize operational control aligns with this broader agenda.

Nigerien authorities had earlier criticised the decision by French nuclear group Orano to suspend uranium production in the country, calling the move “irrelevant” and challenging the company’s unilateral approach to halting operations.

Read More:

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

AgricultureBusinessNews

Cocoa Farmers in Ondo Push Back Against New Forest Policy

In Ondo State, tension is brewing between cocoa farmers and the government...

NewsTravelWorld

While the Sahel Unites, Nigeria Still Struggles With Its Passport Identity

Nigeria’s government has unveiled yet another passport reform, a single travel emergency...

FinanceNews

Mali: Prime Minister Abdoulaye Maïga Steps In to Tackle Fuel Crisis

Mali’s Prime Minister, Colonel Abdoulaye Maïga, chaired an inter-ministerial crisis management meeting...

EntertainmentNews

TikTok Pulls Down Over Half a Million Videos in Kenya as Platform Steps Up Safety Enforcement

According to the company’s latest transparency data, the video-sharing app TikTok removed...