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Niger to nationalise uranium mine operated by France's Orano as relations sour
Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup in the West African nation. Niger's decision to nationalise Somair comes amid a wave of mine nationalisations across West Africa, prompting concerns from global miners and other foreign investors who have invested billions of dollars into the region.
Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup in the West African nation. Niger's decision to nationalise Somair comes amid a wave of mine nationalisations across West Africa, prompting concerns from global miners and other foreign investors who have invested billions of dollars into the region.
