Niger to Sell Nationalized Uranium on Global Market

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Niger to Sell Nationalized Uranium on Global Market
Niger's military government announced it will sell uranium on the international market. The move escalates a dispute with the French energy company Orano. The uranium comes from the Somair mining site. Niger's government nationalized Somair in June, taking control from Orano. Officials estimate the site holds 1,300 tons of uranium concentrate. This stockpile has an approximate value of €250 million. By selling the material globally, Niger aims to operate independently of its former French partner. The announcement marks a further step in the country's shift away from long-standing economic ties with France.