Orano Threatens Legal Action Against Any Buyer of Nigerien Uranium Stranded in Niamey
French group Orano announces plans to pursue legal action against the Nigerien state and any potential buyer of 1,000 tonnes of uranium from the nationalized Somaïr, with an estimated market value of €300 million.
| Countries | France, Niger, Russie |
|---|---|
| Companies | Somaïr, Orano |
| Sector | Énergie Nucléaire |
| Theme | Politique & Géopolitique |
Orano is hardening its stance against Niger in the dispute over uranium extracted by Société des mines de l’Aïr (Somaïr). The chairman of the French group’s board of directors, Claude Imauven, told French parliamentarians he is prepared to sue the Nigerien state as well as any party seeking to acquire the stock of uranium concentrate currently stranded. The company, formerly holding 63.4% of Somaïr, contests the expropriation decided by Niamey authorities.
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