INSUBCONTINENT EXCLUSIVE:
redefine the rules for foreign mining operations.Niger is home to some of the richest uranium deposits in the world, contributing about 4.7%
instability has stalled their development
Since the military coup in July 2023, relations with France have soured
The new leaders have expelled French troops and are asserting greater control over their mineral wealth.Orano has raised concerns about
increased government interference, stating that its operational decisions are being ignored
The Nigerian government aims to create state-owned mining companies to ensure local communities benefit from uranium profits.Niger Assumes
Control of Uranium Mines Amidst Global Energy Changes
(Photo Internet reproduction)Yet, this strategy raises questions about whether it will effectively improve living conditions or simply shift
wealth, Niger remains one of the poorest countries globally
Uranium contributed only 1.2% to the national budget in 2020.The potential for economic transformation exists but is hampered by political
instability and regulatory uncertainty that could deter foreign investment
citizens.The path forward depends on stable governance and effective management of these valuable resources amidst changing global dynamics.
