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Niger recently made headlines with its decision to nationalize the Somair uranium project, a joint venture with French nuclear fuel producer Orano. The move marks a significant escalation in tensions between the west African country’s military government and the state-owned company.
The announcement of the nationalization plan was made on the state broadcaster, following the adoption of a draft resolution transferring complete ownership of the Somair project to the government in Niamey. Orano currently holds just over 63 percent of Somair, with Niger’s state-run Sopamin owning the remainder.
This decision is part of a broader trend of asset seizures in the Sahel region, where military-led governments in countries like Burkina Faso, Mali, and Niger are taking action against international mining companies.
The regime in Niger, which came into power through a coup in July 2023, has accused Orano of various infractions, including failing to transfer sufficient funds to the state over the years and engaging in a “poisoning campaign” against the Niger government and its partners.
In a statement, the government of Niger justified the nationalization of Somair as a response to Orano’s “irresponsible, illegal, and disloyal behavior.” The statement also mentioned allegations of French support for terrorism in the Sahel, further straining relations between Niger and France.
Orano has yet to issue a formal response to Niger’s decision. However, the company has been exploring the sale of its uranium assets in Niger, with reported interest from Russian and Chinese companies.
Niger, Burkina Faso, and Mali have all taken a more assertive stance towards mining companies operating within their borders, demanding a greater share of proceeds and larger stakes in joint ventures. This shift reflects a broader geopolitical realignment in the region, with some countries turning towards Russia amid strained relations with traditional partners.
The nationalization of Somair represents a significant development in the ongoing dispute between Niger and Orano. The state now has full control over the uranium project, signaling a new chapter in the country’s relationship with foreign investors.
Orano, majority-owned by the French government, has pursued legal action against Niger in response to the nationalization and other disputes. The company’s future in Niger remains uncertain as it navigates these challenges.
