Russia To Control France's Uranium Assets In Niger - Report - Welcome to The New Africa Channel, your go-to destination for insightful discussions on Africa's evolving landscape and its global impact. Today, we delve into a story that underscores Africa's growing significance on the world stage: Russia's quest for control over uranium assets in Niger. In a strategic move that could reshape the geopolitical landscape, reports suggest Russia is maneuvering to acquire these assets from a French government-owned company, sparking debates about who should truly benefit from Africa's valuable resources.
Russia, according to reports is trying to take control of uranium mines in Niger that a French government-run company currently owns. Russia's state nuclear corporation, Rosatom, has reportedly been negotiating with Niger's military leaders about buying these assets from the French company Orano SA.
Russia is eyeing uranium assets in Niger, currently managed by a French state-controlled company, in a strategic move to bolster its nuclear resources. According to sources, Rosatom, Russia’s state nuclear giant, has been negotiating with Niger’s military-led government to acquire these assets from France’s Orano SA. A Moscow insider, speaking anonymously, disclosed this development to Bloomberg.
A regional western diplomat suggested that the discussions likely centered on securing mining permits. In 2022, Niger contributed around 4% of the world's uranium mine production, according to the World Nuclear Association.
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