Base Metals
Posted By OrePulse
Published: 03 Jul, 2025 08:56
Orano’s uranium joint venture in Niger on brink of bankruptcy
French uranium mining company Orano has announced that its joint venture with Niger, SOMAIR, is facing bankruptcy due to export restrictions imposed by the country’s military government, according to a Reuters report.
The development follows the seizure of control of the mine in December 2024 by the government, which also revealed plans to nationalise the mine.
Related Articles
Sanu Gold Announces $5 Million Private Placement L...
06 Sep, 2024 13:08
Ivanhoe Mines produces 40,347 tonnes of copper at ...
09 Sep, 2024 09:21
Andrada partners with SQM to develop Namibia lithi...
10 Sep, 2024 08:56
US, Saudi Arabia in talks to secure metals in Afri...
10 Sep, 2024 09:07
DRC: Eurasian Secures $150 Million to Develop a Co...
12 Sep, 2024 06:22
Zambian mines desperate for power turn to a surpri...
13 Sep, 2024 11:18
Africa at the cusp of a critical minerals boom...
17 Sep, 2024 07:40
Coolabah to unite Broken Hill assets, paving path ...
17 Sep, 2024 08:40
Marula Mining completes first manganese exports sa...
18 Sep, 2024 09:05
Zambia mines lobby calls on government to halt ref...
18 Sep, 2024 11:04Trending News
Logistic Other
As Neom slows, new avenues emerge for Saudi logistics...
02 Jun, 2026 13:55
46 min read
Generation
Saudi Arabia overtakes UAE on the GCC’s road to renewables...
02 Jun, 2026 13:46
49 min read