The tension between the Nigerien military junta and former colonial power France has reached a boiling point as the operating permit for a large uranium mine has been withdrawn from French company Orano. This decision by the military authorities has significant implications for both parties involved and could potentially impact the global supply of uranium.
Niger, a key player in the uranium market, is the world’s seventh largest supplier of the mineral, vital for the production of weapons and nuclear power. The country’s importance in the uranium industry was underscored by the fact that it supplied over a quarter of the uranium used in the European Union in 2022, making it a crucial source of the mineral for the bloc.
The Imouraren mine, with its vast reserves of uranium, has long been a point of contention. The decision to revoke Orano’s operating permit despite the company’s efforts to resume production at the site reflects the junta’s commitment to review mining concessions in the country and assert its control over valuable resources.
Orano, a veteran in Niger’s mining industry, expressed its disappointment with the decision and vowed to challenge it through legal means. The company emphasized its long-standing partnership with the Nigerien government and local stakeholders, highlighting its commitment to responsible mining practices.
As tensions escalate between the military junta and foreign companies operating in Niger, the future of the country’s mining industry hangs in the balance. The outcome of this dispute could have far-reaching consequences for Niger’s economy and its relationship with international partners.
