Market
Orano regains control of SOMAÏR uranium mine by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from Orano or the Nigerien government
Story
French Nuclear Group Orano Loses Control of SOMAÏR Uranium Mine in Niger as Military Junta Takes Over
Dec 4, 2024, 10:22 AM
French nuclear group Orano has announced that Niger's military junta has taken operational control of its uranium mining subsidiary, SOMAÏR (Société des Mines de l'Air), in the West African country. Decisions taken at SOMAÏR's board meetings are no longer being applied, according to Orano, which holds a 64% stake in the company. The Nigerien representatives confirmed their position during an ordinary board meeting held on Tuesday, December 3, 2024, effectively limiting Orano's influence over the mine's operations.
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No • 50%
Yes • 50%
Permanent nationalization by Niger • 25%
No resolution by end of 2025 • 25%
Agreement reached with Orano regaining control • 25%
Joint operation agreement • 25%
No • 50%
Yes • 50%
Military intervention • 25%
Diplomatic negotiations initiated • 25%
Sanctions imposed on Niger • 25%
No significant international response • 25%
No • 50%
Yes • 50%
New investor • 25%
Current majority stakeholder • 25%
Switch • 25%
No majority stakeholder • 25%
2028 • 25%
2029 or later • 25%
2027 • 25%
2026 • 25%