In a statement released on June 19, 2025, Niger's ruling military junta accused Orano of exploiting the countryβs uranium without delivering proportional benefits to the Nigerien people. The junta stated that the nationalisation move is aimed at βreclaiming sovereignty over our natural wealthβ and ensuring that revenues from uranium production directly benefit the nation.
Uranium is a strategic resource for Niger, accounting for a significant portion of its export earnings. France, in particular, has relied heavily on Nigerβs uranium to fuel its nuclear power plants. Orano has operated in the country since the 1970s, and SOMAΓR remains a key supplier of uranium oxide to international markets.
The announcement has sparked concern in Paris and among other Western nations, who view the move as another sign of deteriorating relations between Niger and its traditional partners. Diplomatic tensions have been on the rise since the military coup in July 2023, which led to the ousting of President Mohamed Bazoum. The junta has since sought closer ties with countries like Russia and China, while pushing back against French and Western influence.
Analysts say the nationalisation could reshape uranium markets and raise questions about security of supply. However, Nigerβs leadership remains firm in its stance, calling the move a step toward economic independence.
The full impact of this decision on foreign investment and the uranium sector remains to be seen, but it marks a bold declaration of resource nationalism from a country long seen as a quiet supplier of critical energy materials.
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