Uranium & Fuel

Niger / Tensions Escalate With Junta As Orano Warns Of Deteriorating Financial Situation At Somair

By David Dalton
15 November 2024

French company says plant is ‘stifled’ by debts and has asked for a temporary halt to expenditure

Tensions Escalate With Junta As Orano Warns Of Deteriorating Financial Situation At Somair
In June Niger withdrew Imouraren SA’s licence to exploit the Imouraren deposit. Courtesy Orano.
French nuclear fuels company Orano warned on Friday (15 November) of a “deteriorating financial situation” at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures related to mining and processing ore.

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