Importance Score: 75 / 100 🔴
Niger’s military government has proclaimed intentions to nationalize Somaïr, a local uranium mining company primarily owned by France, marking a further escalation in rising tensions between the two nations. The move underscores Niger’s push for greater control over its uranium resources and a shift in its relationship with former colonial power France.
Somaïr Under Scrutiny
Somaïr is currently operated by Orano, a French nuclear fuels corporation. Niger alleges numerous “irresponsible acts” on the firm’s part.
Since assuming control in 2023, Niger’s governing military council has voiced a commitment to retain greater domestic oversight of the nation’s mineral assets. This ambition has led to a distancing from France and a strengthening of ties with Russia.
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Niger ranks as the seventh-largest uranium producer globally, boasting some of the highest-quality ore deposits in Africa.
Justification for Nationalization
In a formal statement, the junta asserted, “This nationalisation will facilitate a more sound and enduring management of the business and, consequently, the optimal utilisation of mining resources to benefit Nigeriens.”
As of the time of reporting, Orano has not issued a statement regarding the matter.
Background on Somaïr
Orano has held a 63% stake in Somaïr and has been active in Niger’s mining sector for decades. However, last year, Nigerien military authorities assumed operational control of the company.
Orano, which is under French state ownership, has reportedly initiated legal proceedings against Niger in response to these actions.
Historical Context: Niger’s Uranium and French Influence
Niger achieved independence from France in 1960. Subsequently, France managed to secure exclusive access to Niger’s uranium supply through a series of agreements.
Analysts suggest that many Nigeriens view these agreements as emblematic of France’s continued influence over the nation.
Potential Economic Impact
Nevertheless, analysts also caution that future uncertainty surrounding the mining sector could jeopardise hundreds of jobs and diminish export revenues.
Earlier in the week, neighboring Mali announced plans to construct a gold refinery in collaboration with a Russian consortium.
Similar to Niger, Mali is under military rule and is actively pursuing greater economic autonomy regarding its mineral wealth. This includes severing connections with France and the broader Western sphere.