IBOV 185,205.09 ▲ 3.05% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,833.08 ▲ 0.49% MERVAL 3,106,216 ▲ 1.86% COLCAP 2,489.31 ▲ 0.77% BVL PERÚ 59,515.48 ▲ 0.34% USD/BRL5.10▲ 0.25% USD/MXN16.98▲ 0.07% USD/CLP937.36— 0.00% USD/COP3,154▼ 0.49% USD/PEN3.36▼ 0.19% USD/ARS1,511▼ 0.02% USD/UYU40.24▲ 1.14% USD/PYG5,885▲ 1.63% USD/BOB12.20▲ 3.90% USD/DOP58.45▼ 0.17% USD/CRC445.58▲ 0.91% USD/GTQ7.63▲ 2.30% USD/HNL26.83▲ 1.65% USD/NIO36.62▲ 0.71% USD/VES802.80▲ 0.33% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.66▲ 0.93% EUR/BRL5.93▼ 0.69% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,205.09 ▲ 3.05% IPSA 11,315.26 ▼ 1.14% IPC MEX 64,833.08 ▲ 0.49% MERVAL 3,106,216 ▲ 1.86% COLCAP 2,489.31 ▲ 0.77% BVL PERÚ 59,515.48 ▲ 0.34% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 3, 2026

France Faces Loss of Uranium Supply From Niger as Iran Pursues Nuclear Material

By · October 24, 2024 · 3 min read

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Orano, a major French nuclear company, has decided to suspend its uranium mining operations in Niger. This move comes after months of halted exports and a breakdown in communication with Niger’s new military government.

The suspension will take effect at the end of October 2024. Niger is a significant player in the global uranium market, supplying about 15% to 20% of France’s uranium needs.

This reliance on Niger’s resources raises serious questions about the future of France’s nuclear power generation, which accounts for around 70% of its electricity.

The recent coup that ousted President Mohamed Bazoum has led to deteriorating relations between Niger and France, complicating the supply chain for uranium.

The military junta, led by General Abdourahamane Tiani, has been vocal about severing ties with France. They view France as a former colonial power that has exploited Niger’s resources.

France Faces Loss of Uranium Supply From Niger as Iran Pursues Nuclear Material
France Faces Loss of Uranium Supply From Niger as Iran Pursues Nuclear Material. (Photo Internet reproduction)
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As tensions rise, the junta has revoked mining licenses held by Orano, further jeopardizing France’s energy security. Analysts warn that losing access to this uranium could disrupt electricity production in France.

Geopolitical Implications of Niger’s Uranium Resources

Nuclear power is a cornerstone of the country’s energy strategy. While Orano insists it can source uranium from other countries like Kazakhstan and Canada, the immediate impact of losing Niger’s supply cannot be overlooked.

The company estimates that around 1,050 tons of uranium concentrate worth approximately €300 million ($336 million) is currently stranded due to export blockages.

As France grapples with these challenges, other nations are eyeing Niger’s uranium resources. Russia has expressed interest in acquiring Orano’s assets in Niger, potentially allowing it to strengthen its foothold in the region.

Niger has recently ratified an agreement with Turkey to initiate exploration work. Reports further indicate that Russia’s state nuclear company, Rosatom, is negotiating with Nigeria’s military authorities for mining permits.

Additionally, Iran has emerged as another player in this evolving narrative. The Iranian government is reportedly working on a deal to purchase 300 metric tons of uranium ore from Niger. The deal is valued at over $56 million.

Uranium Exports from Niger to Iran

This uranium could be crucial for Iran’s controversial nuclear program, raising alarms among Western nations concerned about nuclear proliferation.

The implications of these developments are profound. If Iran successfully acquires this uranium, it could bolster its efforts to develop nuclear weapons capabilities.

In exchange for the uranium, Iran has promised economic aid and military support to Niger, including drones and surface-to-air missiles.

Niger’s junta faces immense pressure to secure economic stability amid sanctions and diplomatic isolation following the coup.

With limited options for revenue generation and rising inflation, selling uranium to countries like Russia and Iran may seem like an attractive solution.

This situation highlights the complexities of international relations in the Sahel region. As Niger shifts away from its historical ties with France towards alliances with Russia and Iran, the geopolitical landscape is rapidly changing.

For France, losing access to Nigerien uranium presents a significant challenge to its energy security and could lead to increased scrutiny over its reliance on nuclear power.

As negotiations unfold between Niger and these new partners, the future of uranium exports remains uncertain. The outcome will not only affect France but could also reshape power dynamics across West Africa and beyond.

Key Facts

Deep Dive

For the complete picture, read our in-depth guide: Iran War and Hormuz Crisis 2026: Oil, Latin America and the Global Fallout

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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