🇳🇪 Niger's Historic Shift: Military Junta Sells Uranium Directly, Ending French Monopoly
🇳🇪 Niger's Historic Shift: Military Junta Sells Uranium Directly, Ending French Monopoly In a landmark decision signaling a profound geopolitical and economic reorientation, Niger's military government has announced it will begin selling uranium directly on the international market. This move effectively shatters the decades-long, near-exclusive dominance that French companies have held over Niger's lucrative uranium mining industry. General Tchiani , Military Ruler of Niger Republic. The announcement centers on the output from the Somaïr mine, a crucial operation in the country's northern region. By bypassing traditional arrangements and directly engaging global buyers, the junta, which seized power in a 2023 coup, is implementing a core tenet of its new policy: resource nationalism and greater economic sovereignty. 💥 Breaking Decades of Dependency For over fifty years, Niger, one of the world's leading uranium producers, primarily fed the nuclear power sector ...