Uranium

In the dynamic and often turbulent landscape of international relations, recent developments concerning Iran's nuclear capabilities raise pertinent questions about security, oversight, and the consequences of military action. Rafael Grossi, the Director-General of the International Atomic Energy Agency (IAEA), brings a nuanced perspective to this situation. During a recent interview, Grossi stated that despite a series of assaults on key Iranian facilities—attacks that have undoubtedly caused damage—some critical…

In a bold and significant move, Niger's government has announced its intention to nationalize the Somair uranium joint venture, currently under the management of the French nuclear fuel company, Orano. The announcement, made via an official statement that aired on national television, is not just a routine policy change; it's a pivotal moment in the ongoing dialogue—and, quite frankly, tension—between Niger and foreign stakeholders invested in its rich mineral resources. Tensions have been brewing for some time,…

It is final, the exploitation of the Cominak mine; north of Niger; ends today because its reserves are depleted. A closure that takes place in a global context that is characterized by still very low prices, which undermines the mine's profitability. But China is expected to revive the market in the coming years. After 40…