Mining

Niger Takes Control of Somaïr Uranium Operations, Benching Orano

Niger Takes Control of Somaïr Uranium Operations, Benching Orano
Friday, 06 December 2024 09:59

Following the suspension of uranium production in October 2024, Orano decided in November to cut back on specific expenses related to its mining operations in Niger. This decision, rejected by the government, came after the company could not export its uranium for several months.

Authorities in Niger have taken operational control of Orano's local subsidiary, Somaïr. The French company disclosed the news via a statement issued on December 4, 2025. Orano, which owns 63.4% of Somaïr, operates the only active uranium mine in Niger. The company stated, "The decisions taken at the company's [Somaïr's, editor's note] board meetings are no longer being applied and, in fact, Orano now finds that the Niger authorities have taken operational control. The ongoing production expenses at the site are further deteriorating the company's financial situation every day."

Orano’s announcement is the latest development in a protracted struggle with the Nigerien government, led by President Abdourahamane Tiani, who came to power after a coup in July 2023. Last June, the military revoked Orano's operating rights on another site; it blocked uranium export from the same site subsequently, thus translating into no export since January 2024.

Orano primarily exports uranium to France, which was one of Niger's top three uranium suppliers in 2022. However, relations between Paris and Niamey have soured since the coup, leading to the exit of the French ambassador in Niger.

Orano's future in Niger is uncertain, but the company plans to "defend its rights before the competent authorities." Still, if Orano leaves the country, others are ready to step in for uranium production. Russia has strengthened ties with Niamey in recent months, and Turkey is also seeking uranium from Niger, having signed a protocol of understanding for mining exploration in October 2024.

Emiliano Tossou

On the same topic
EBRD approved a senior loan of up to 350 million Egyptian pounds ($7.4 million) for Ridgewood for Water Desalination. The project will add...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other sectors face sharp contraction in 2025. Power, gas,...
Serengeti Energy reached financial close on the 32-MWp Ilute solar project in western Zambia. The project relies on a merchant power purchase agreement...
Cameroon plans a partial start-up of the Kribi refinery at 10,000 barrels per day in H2 2026. The revised timeline accelerates the project by...
Most Read
01

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
02

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
03

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.