Orano has filed for ICSID arbitration against Niger over issues surrounding the Imouraren uranium mine and Somair mining company operations. The dispute follows the revocation of Orano’s mining license and financial difficulties due to export restrictions. The case could impact Niger’s role in global uranium supply, particularly for European nuclear power.
Orano, a French mining company, has initiated arbitration against Niger regarding the Imouraren uranium mine and its operational control over Somair, a Niger mining company. This legal action was filed with the International Centre for Settlement of Investment Disputes (ICSID) on March 5, following unsuccessful mediation efforts since late 2024.
The conflict originated when Niger revoked Orano’s mining license for the Imouraren site on June 19, after the company proposed to expedite the mining operation. In December, Orano was also stripped of control over the Somair mining company, where it holds a majority stake, due to board decisions that disrupted production activities for financial management purposes.
For several months, Orano has faced an inability to export uranium due to restrictions imposed by the Nigerien regime, leading to financial distress. The company seeks damages for what it describes as Niger’s obstruction of its commercial operations and violation of its offtake rights.
Niger plays a significant role in the global nuclear power market, contributing around 25% of uranium for European power plants, which is particularly vital for France where nuclear plants supply nearly 65% of the nation’s electricity. Orano has hired Clay Arbitration, a French law firm, to represent its interests in this case. Notably, Canadian company GoviEx has also submitted an ICSID arbitration claim against Niger earlier this year.
Orano’s arbitration filing against Niger highlights significant tensions surrounding uranium mining operations in the region. The case stems from the revocation of mining licenses and operational control issues, resulting in financial difficulties for Orano. Given Niger’s importance in uranium supply for nuclear power, the outcome of this arbitration may have broader implications for the nuclear energy sectors in Europe, particularly in France.
Original Source: www.africanlawbusiness.com
