Niger has announced plans to nationalize the Somair uranium mine, currently operated by French state-owned company Orano, as tensions between the two parties escalate following the country’s 2023 military coup. The decision is part of a broader trend across West Africa, where governments are increasingly reclaiming control over natural resources. Recent nationalizations in Mali and Burkina Faso have raised concerns among international mining companies and investors with significant financial stakes in the region. In a statement issued late Thursday, the Nigerien government accused Orano of disproportionately benefiting from Somair’s uranium… Read More Here

In a bold move to enhance its strategic autonomy, Morocco has unveiled a $100 million investment by URANEXT, a state-owned company affiliated with the OCP Group (Office Chérifien des Phosphates). The project focuses on extracting uranium from phosphate deposits near Jorf Lasfar—locally known as Yellow Cliff—leveraging Morocco’s vast phosphate reserves to position the country as a key player in the global uranium industry. This initiative marks a transformative leap for Moroccan industry, shifting the traditional phosphate sector toward advanced resource extraction and technological innovation. Significantly, the project is fully funded… Read More Here