Niger Junta Announces Nationalisation of Orano's Uranium Operations

Niger's military leaders have declared their intention to nationalise the French-owned uranium company, Orano, amidst growing discontent towards France's historical influence and desires for greater local control over mining resources.

Niger's military junta has unveiled plans to nationalise the Somaïr uranium company, which has been largely controlled by the French nuclear firm Orano for decades. This decision marks a significant intensification in the ongoing tensions between Niger and France following the military takeover in 2023. The junta accused Orano of "irresponsible acts" and stated that the move towards nationalisation is aimed at achieving better management and a more sustainable utilization of the country’s mineral wealth. Niger is currently the seventh-largest uranium producer globally, possessing some of the highest-grade ores in Africa.

In a statement, the junta emphasized that this shift would ensure that the wealth generated from mining resources directly benefited the Nigerien people. Orano, which holds a 63% stake in Somaïr, has been active in Niger for many years and has reportedly faced operational control changes since the military's assumption of power. The company has yet to issue a public response to the junta's announcement but has reportedly initiated legal proceedings against Niger in light of the recent developments.

Historically, Niger's independence from France in 1960 did not put an end to French control over its uranium resources, which was cemented through various agreements that have been viewed as exploitative by many in Niger. Observers suggest that the potential instability in the mining sector due to this nationalisation could affect numerous jobs and significantly impact the nation’s export revenues, underscoring the delicate balance between asserting local control and maintaining economic stability in the region.