Process to sell subsidiaries follows breakdown of ties with west African country’s military government
French state-owned nuclear fuel company Orano is exploring the sale of its uranium assets in Niger after the breakdown of its relationship with the west African country’s military rulers. Orano operates three mines in Niger in a joint venture with the Russian-backed government that seized power in a coup two years ago, but was stripped of its rights over one project in June and forced to stop work at another soon after because of financial pressures. It said at the time that Niger had blocked uranium exports and halted payments of its obligations as joint venture partners since the 2023 coup that toppled the country’s pro-western government.
