Paris Times

Liberté, Égalité, Fraternité
Sunday, Jun 22, 2025

Niger Nationalizes Major Uranium Venture with Orano Stake

Niger Nationalizes Major Uranium Venture with Orano Stake

Somair project takeover escalates tensions with France
Niger’s military government has officially announced the nationalization of its Somair uranium venture, transferring full control from French nuclear firm Orano to the Nigerien state.

The move, which seizes Orano’s 63 percent stake, comes amid accusations of unfair practices and expired mining agreements, marking a significant escalation in the contentious relationship since the 2023 coup.

Orano has responded by launching arbitration and legal proceedings, warning the takeover violates existing contracts and may damage the mine’s future operations.
Newsletter

Related Articles

0:00
0:00
Close
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Juncker Criticizes EU Inaction on Trump Tariffs
France Bars Israeli Arms Companies from Paris Defense Expo
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Germany Holds First Veterans Celebration Since WWII
64th Monte-Carlo Television Festival Opens with Global Talent and Premieres
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
UK and EU Reach New Economic Agreement
Sole Survivor of Air India Crash Recounts Escape
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Italian Parents Seek Therapy Amid Lengthy School Holidays
Europe Prepares for Historic Lunar Rover Landing
Bezos's Lavish Venice Wedding Sparks Local Protests
Dutch Government Collapses Amid Migration Policy Dispute
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
British Fishing Vessel Seized by France Fined €30,000
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
France's Defense Spending Plans Threatened by High National Debt
Germany's Merz Signals Continued U.S. Reliance After Meeting with Trump
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
×