Niger revokes French company’s operating licence at major uranium mine

May 21, 2022

2 minutes read

Niger revokes French company's operating licence at major uranium mine

Niger’s military government has revoked the operating licence of French nuclear fuel producer, Orano, at one of the world’s biggest uranium mines, the company said on Thursday.

The decision has highlighted tensions between the junta, which came to power in a coup in July last year, and the former colonial power, France.

The military seized control of Niger on the pledge of cutting ties with the West, vowing to review mining concessions in the country, and ordering the withdrawal of Western troops.

Orano said it has been told to leave the Imouraren mine in northern Niger, which sits on an estimated 200,000 tonnes of uranium that is vital for producing nuclear energy.

Mining was due to have started at the site in 2015, but development was halted after the collapse in world uranium prices in the wake of the 2011 Japanese nuclear disaster.

Following years of delays, Niger had warned the licence would lapse on 19 June unless work resumed at the site.

Thursday’s decision by the Nigerien junta comes “despite the resumption of activities on site, pursuant to the expectations they had expressed,” Orano said in a statement.

In a letter to the company dated 20 June, seen by the Associated Press, the Nigerien mining ministry said Orano’s exploitation plan “did not meet our expectations”.

As a result, the mine has been “returned to the public domain” and exempted from all contractual rights, the letter said.

Since coming to power, the junta has been reducing its ties to France.

After expelling Paris’ ambassador, Niger in December ordered the departure of French troops deployed to fight Islamist militants in the region.

The junta has been establishing closer links to Russia.

Orano, which has been operating in Niger for over 50 years, said it was “willing to keep all channels of communication open” with the military authorities.

But it added that it reserved the right to take legal action against the withdrawal of the operating licence in a national or international court.

Share:

Also Read

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Senegal Elections

Senegal Heads to the Polls Amid Fiscal Crisis and Threat of Unrest

Senegal’s legislative elections proceed amid a fiscal crisis and political unrest, with voters seeking solutions ...
Prime Minister

Senegal’s Prime Minister Calls for Vengeance After Election Campaign Clashes

Senegal's Prime Minister calls for retaliation after violent clashes during the legislative election campaign, raising ...
Super Eagles

Super Eagles Target Victory Over Benin Republic to Secure AFCON 2025 Spot

The Super Eagles face Benin Republic in a crucial AFCON 2025 qualifier, aiming for a ...
Trump and Biden

Trump and Biden Hold Historic Meeting at the White House, Promise Smooth Transition of Power

Trump and Biden meet at the White House to ensure a smooth transition of power, ...

Features

Senegal Elections

Senegal Heads to the Polls Amid Fiscal Crisis and Threat of Unrest

Senegal’s legislative elections proceed amid a fiscal crisis and political unrest, with voters seeking solutions ...
Prime Minister

Senegal’s Prime Minister Calls for Vengeance After Election Campaign Clashes

Senegal's Prime Minister calls for retaliation after violent clashes during the legislative election campaign, raising ...
Super Eagles

Super Eagles Target Victory Over Benin Republic to Secure AFCON 2025 Spot

The Super Eagles face Benin Republic in a crucial AFCON 2025 qualifier, aiming for a ...
Trump and Biden

Trump and Biden Hold Historic Meeting at the White House, Promise Smooth Transition of Power

Trump and Biden meet at the White House to ensure a smooth transition of power, ...
Trump Appoints Elon Musk

Trump Appoints Elon Musk and Vivek Ramaswamy to Lead U.S. Government Efficiency Department

Trump appoints Elon Musk and Vivek Ramaswamy to lead the new U.S. Department of Government ...
IPMAN

Nigerians Skeptical of IPMAN’s N50 Fuel Price Reduction Amid Dangote Refinery Supply Deal

Nigerians voice doubts over IPMAN's N50 per liter price cut, as current petrol prices remain ...
Naira Depreciation

Naira Depreciation and Economic Concerns Cause 3.2 Point Drop in Firms’ Confidence – CBN Report

The Central Bank of Nigeria (CBN) reports a 3.2-point drop in firms' confidence in the ...
Edo tax collection crackdown

Edo Governor Okpebholo Suspends Revenue Collection, Orders Arrest of Defaulters

Governor Monday Okpebholo of Edo State has announced a suspension of all revenue collection activities ...

Latest News

Today in History

November 15th is the day in 1533 that Francisco Pizarro arrives in Cuzco, the capital of the Inca Empire.

Exchange Rate Per Dollar

AM Armenian Dram386.9748
GH Ghana Cedi16.05
GM Gambian Dalasi71
GN Guinea Franc8,631
NG Nigerian Naira₦1,679.96
CF CFA Franc BEAC621.3714
15 Nov · CurrencyRate · USD
CurrencyRate.Today
Check: 15 Nov 2024 08:05 UTC
Latest change: 15 Nov 2024 08:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?