Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NGX Index, Market Cap Slump as Equities Investors Lose N801bn

    July 22, 2026

    NCC, African Regulators Push Stronger Collaboration for Smarter Digital Governance

    July 22, 2026

    Anthropic to Support UK FCA’s Supercharged Sandbox

    July 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NGX Index, Market Cap Slump as Equities Investors Lose N801bn
    • NCC, African Regulators Push Stronger Collaboration for Smarter Digital Governance
    • Anthropic to Support UK FCA’s Supercharged Sandbox
    • XRP Rises as RippleX Predicts 100m Agentic Transactions on XRPL
    • BTCUSD- Bitcoin Pulls Back on Failed Attempt to Breakout
    • NDIC Begins Payment to Depositors of 46 Failed MfBs
    • Transcorp Hotels Bolsters H1 2026 Earnings Performance, Profit Jumps 21%
    • Trump Approves 30-year Nuclear Pact with Saudi Arabia
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, July 22
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Niger to Sell Uranium in International Market

    Niger to Sell Uranium in International Market

    Olu AnisereBy Olu AnisereDecember 4, 2025Updated:December 4, 2025 News No Comments3 Mins Read
    Niger to Sell Uranium in International Market
    Head of the junta, General Abdourahamane Tchiani
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Niger to Sell Uranium in International Market

    The head of the military government in Niger, General Abdourahamane Tchiani, has announced that it intends to put uranium produced by the SOMAÏR mine on the international market.

    Uranium mining in Niger is at the centre of a standoff between the junta that took power in 2023 and nuclear producer Orano, 90-percent owned by the French government and has operated mines in Niger for decades.

    Tchiani told state television Tele Sahel that “Niger’s legitimate right to dispose of its natural riches to sell them to whoever wants to buy them, under the rules of the market, in complete independence.”

    Since the junta took power in a 2023 coup, Niger has turned to Russia, which commands the world’s largest arsenal of atomic weapons, for help in fighting the West African country’s jihadist insurgency.

    At the same time it has turned its back on former colonial power France, which it accused of supporting separatist groups. In December 2024, Orano acknowledged it had lost operational control of its three main mines in Niger: Somaïr, Cominak (closed since 2021) and Imouraren.

    Orano condemned the latest uranium transfer as illegal, noting that it constitutes a direct breach of a September 2025 ruling by the International Centre for Settlement of Investment Disputes (ICSID).

    The tribunal had ordered Niger “not to sell, transfer, or even facilitate the transfer to third parties of uranium produced by SOMAÏR” held in violation of Orano’s rights.

    The French company said it learned of the shipment only through media reports and has “no official information on the quantity removed, the shipment’s destination, or the conditions of its transport.”

    “This shipment is in breach of the decision handed down in favor of Orano,” the company said, warning that it reserves the right to take “any additional action necessary, including criminal proceedings against third parties, should the material be taken in violation of its offtake entitlement.”

    Imouraren has one of the largest uranium deposits in the world, with an estimated 200,000 tonnes.  Orano officially retains a 60 percent stake in the subsidiaries and has undertaken various arbitration procedures against Niger to try to win back operational control.

    Niger embraces Russia for uranium production, leaving France out in the cold. In late September, Orano announced a tribunal had ruled in its favour concerning the nationalisation of Somaïr in June.

    Niger in 2022 accounted for about a quarter of the natural uranium supplied to European nuclear power plants, according to data from the atomic organisation Euratom.

    Conoil to Pay Shareholders N3.5 Final Dividend in Dec.

    Uranium
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    NGX Index, Market Cap Slump as Equities Investors Lose N801bn

    NCC, African Regulators Push Stronger Collaboration for Smarter Digital Governance

    Anthropic to Support UK FCA’s Supercharged Sandbox

    XRP Rises as RippleX Predicts 100m Agentic Transactions on XRPL

    BTCUSD- Bitcoin Pulls Back on Failed Attempt to Breakout

    NDIC Begins Payment to Depositors of 46 Failed MfBs

    Add A Comment

    Comments are closed.

    Editors Picks

    NGX Index, Market Cap Slump as Equities Investors Lose N801bn

    July 22, 2026

    NCC, African Regulators Push Stronger Collaboration for Smarter Digital Governance

    July 22, 2026

    Anthropic to Support UK FCA’s Supercharged Sandbox

    July 22, 2026

    XRP Rises as RippleX Predicts 100m Agentic Transactions on XRPL

    July 22, 2026

    BTCUSD- Bitcoin Pulls Back on Failed Attempt to Breakout

    July 22, 2026
    Latest Posts

    NGX Index, Market Cap Slump as Equities Investors Lose N801bn

    July 22, 2026

    NCC, African Regulators Push Stronger Collaboration for Smarter Digital Governance

    July 22, 2026

    Anthropic to Support UK FCA’s Supercharged Sandbox

    July 22, 2026

    XRP Rises as RippleX Predicts 100m Agentic Transactions on XRPL

    July 22, 2026

    BTCUSD- Bitcoin Pulls Back on Failed Attempt to Breakout

    July 22, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.