Orano’s Niger Uranium Mine Taken Over by Authorities Amid Rising Tension

French nuclear fuels company Orano announced on Wednesday that authorities in Niger have taken control of its Somair uranium mine. This move comes as the military-led government increases pressure on foreign investors in the country.

Orano, which holds a 63% stake in the mine, stated that decisions made at Somair’s board meetings are no longer being enforced. The remaining 37% of the mine is owned by Niger.

At one point, Niger…