popular articles

Niger invites Russian companies to exploit its natural resources

Niger opens its doors to Russian companies for the exploration of its natural wealth, marking a strategic shift as tensions persist with French companies, particularly over uranium.

Please share:

Niger has officially invited Russian companies to invest in the exploration and exploitation of its natural resources, announced Ousmane Abarchi, Niger’s Minister of Mines, in an interview with the Russian state agency Ria Novosti. This initiative comes amid tense relations with Western actors, particularly France.

According to the minister, several Russian companies have already expressed interest in intervening in various extraction sectors, extending beyond uranium. “We have invited them to come to Niger within this framework,” he stated, emphasizing that this cooperation could diversify the country’s economic partnerships.

A conflict with French companies

Relations between Niger and French companies, particularly Orano, a uranium specialist, have been deteriorating for several months. Niamey has expressed dissatisfaction with Orano’s suspension of production activities at the end of October. This decision followed the Nigerien government’s withdrawal of the exploitation permit for the Imouraren site, one of the largest uranium deposits in the world, in June.

Ousmane Abarchi criticized France and its companies’ positions: “Does it seem conceivable to you that we, the State of Niger, would accept that French companies continue to exploit our natural resources under such circumstances?”

A new geopolitical orientation

Since the military coup in July 2023, Niger has adopted a more assertive stance on national sovereignty, distancing itself from the West in favor of new alliances. The current authorities have reiterated their intention to review the terms of resource exploitation by foreign companies.

Russia is emerging as one of Niger’s preferred partners in this new strategy. In parallel, discussions are also underway with Iran, reflecting a desire to diversify foreign investments.

An intricate economic and security context

Economic tensions over natural resource exploitation are compounded by a delicate security situation. The closure of Niger’s border with Benin, justified by security concerns, further complicates uranium exports, a major issue for the country.

Facing these challenges, the Nigerien government aims to ensure greater control over its resources while opening the door to new actors who can contribute to its economic and energy development.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The French group Orano adjusts its 2024 sales forecast to €5.8 billion, one billion more than previously expected, following contracts for the repatriation of Japanese nuclear waste stored in France.
In France, alternative energy suppliers requested over 134 TWh of low-cost nuclear electricity for 2025 through the Arenh mechanism, exceeding the 100 TWh cap set by EDF, according to the Commission de régulation de l'énergie (CRE).
In France, alternative energy suppliers requested over 134 TWh of low-cost nuclear electricity for 2025 through the Arenh mechanism, exceeding the 100 TWh cap set by EDF, according to the Commission de régulation de l'énergie (CRE).
Iran has brought thousands of next-generation centrifuges online, increasing uranium enrichment to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA).
Iran has brought thousands of next-generation centrifuges online, increasing uranium enrichment to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA).
Serbia ends a 35-year moratorium on civil nuclear energy. This historic decision paves the way for nuclear power plants, marking a strategic shift for a country heavily reliant on coal.
Serbia ends a 35-year moratorium on civil nuclear energy. This historic decision paves the way for nuclear power plants, marking a strategic shift for a country heavily reliant on coal.
China General Nuclear Power Corporation (CGN), in partnership with Africa Policy Institute, publishes a report detailing the contribution of mining companies to Namibia's economic and social progress while exploring their challenges and opportunities.
Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
Westinghouse Electric and Core Power join forces to design a floating nuclear power plant based on the eVinci microreactor, an innovative solution for the energy needs of coastal and remote regions.
Westinghouse Electric and Core Power join forces to design a floating nuclear power plant based on the eVinci microreactor, an innovative solution for the energy needs of coastal and remote regions.
The European Commission welcomes a new team of commissioners tasked with shaping energy policy. However, the absence of strong nuclear advocates in key positions raises questions about the future of this energy source in the Union.
The European Commission welcomes a new team of commissioners tasked with shaping energy policy. However, the absence of strong nuclear advocates in key positions raises questions about the future of this energy source in the Union.
Brazil's Angra 1 nuclear power plant, operated by Eletronuclear, has been authorized to operate until 2044. This extension marks a significant step for the country’s energy security and reflects the maturity of its regulatory framework.
In response to IAEA criticism, Iran has activated new advanced centrifuges, escalating its nuclear program and heightening tensions with Western powers.
In response to IAEA criticism, Iran has activated new advanced centrifuges, escalating its nuclear program and heightening tensions with Western powers.
The reopening of the Three Mile Island nuclear plant in Pennsylvania divides opinion. A promise of jobs and sustainable energy for some, a painful reminder of the 1979 accident for others.
The reopening of the Three Mile Island nuclear plant in Pennsylvania divides opinion. A promise of jobs and sustainable energy for some, a painful reminder of the 1979 accident for others.
The evaluation of debris extracted from Fukushima, crucial for dismantling planning, could last up to a year, according to Tepco, the operator of the Japanese nuclear plant.
The evaluation of debris extracted from Fukushima, crucial for dismantling planning, could last up to a year, according to Tepco, the operator of the Japanese nuclear plant.
The Trump administration plans to support nuclear energy and domestic uranium production. However, questions remain about future budgets and priorities amid competing spending demands.
C5 Capital and Sibanye-Stillwater join forces to develop advanced nuclear energy projects in South Africa, the United States, and beyond, supporting the global energy transition with innovative solutions.
C5 Capital and Sibanye-Stillwater join forces to develop advanced nuclear energy projects in South Africa, the United States, and beyond, supporting the global energy transition with innovative solutions.
The final shipment of vitrified nuclear waste between France and Germany has reached Philippsburg. This transfer concludes recycling contracts signed since 1977 with four German operators.
The final shipment of vitrified nuclear waste between France and Germany has reached Philippsburg. This transfer concludes recycling contracts signed since 1977 with four German operators.
Hungary proposes a budget increase for its Paks II nuclear project, a strategic initiative funded by Russia but facing technical, economic, and geopolitical challenges.
Hungary proposes a budget increase for its Paks II nuclear project, a strategic initiative funded by Russia but facing technical, economic, and geopolitical challenges.
Enel, Leonardo, and Ansaldo Nucleare join forces to study small modular reactors, marking a potential turning point for nuclear energy in Italy after decades of withdrawal.
Orano temporarily suspends uranium extraction activities in Niger
Orano temporarily suspends uranium extraction activities in Niger
Rafael Grossi, head of the IAEA, visits Iran to inspect the Fordo and Natanz sites. This visit comes as Tehran seeks to dispel doubts about its nuclear ambitions.
Rafael Grossi, head of the IAEA, visits Iran to inspect the Fordo and Natanz sites. This visit comes as Tehran seeks to dispel doubts about its nuclear ambitions.
At COP29, six countries joined an ambitious declaration to triple global nuclear capacity by 2050, bringing the number of signatories to 31, backed by major financial institutions.
At COP29, six countries joined an ambitious declaration to triple global nuclear capacity by 2050, bringing the number of signatories to 31, backed by major financial institutions.
Vietnam plans to reactivate its nuclear program, halted in 2016, to support rapid industrialization and meet increasing energy demands while aiming for carbon neutrality by 2050.
Great British Nuclear evaluates technologies from GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse to select the modular reactors that will shape the country’s energy future.
Great British Nuclear evaluates technologies from GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse to select the modular reactors that will shape the country’s energy future.
At COP29, Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), emphasizes the inclusion of nuclear energy in climate financing, while targeting a regulated access approach for developing countries.
At COP29, Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), emphasizes the inclusion of nuclear energy in climate financing, while targeting a regulated access approach for developing countries.
IAEA Director General Rafael Grossi visits Iran to revive inspections and seek a diplomatic resolution on Iran's nuclear program amid growing international tensions.
IAEA Director General Rafael Grossi visits Iran to revive inspections and seek a diplomatic resolution on Iran's nuclear program amid growing international tensions.

Advertising