Latest news with #FrenchCompany
Washington Post
7 hours ago
- Business
- Washington Post
Niger says it will nationalize a uranium venture operated by France's Orano
DAKAR, Senegal — Niger's government said Thursday it would nationalize the Somaïr uranium venture operated by French company Orano and accused it of taking a disproportionate share of the uranium produced at the site. The announcement comes as military authorities in the west African country tighten their grip on foreign companies and civil society. Tensions have simmered for months between Niger's military government and the French company, and relations between Niamey and Paris have deteriorated.
Bloomberg
9 hours ago
- Business
- Bloomberg
Niger Junta Seizes French Nuclear Giant Orano's Uranium Mine
Niger's military government took control of Orano SA 's uranium mine, escalating a standoff with the French nuclear-power company. The junta took action after accusing Orano of violating its shareholder agreement by extracting more uranium than its 63.4% stake in a local affiliate allows, according to cabinet meeting minutes published in the capital, Niamey, on Thursday. It also criticized the company for halting operations, repatriating French staff and signaling that it may sell off its assets.
LBCI
07-05-2025
- Business
- LBCI
Transport minister tells LBCI: Security 'under control' at Beirut airport, upgrades underway
Public Works and Transport Minister Fayez Rasamny said a large number of Lebanese expatriates are expected to visit Lebanon this summer. In an interview with LBCI, he stressed that security at Beirut's airport is under control, both through visible forces and intelligence services. He added that significant work has been done to secure the airport road. 'In three months, you'll see a visible improvement along that road,' he said. Rasamny announced that the regulatory authority is being formed and will be finalized in the coming months. He also said all possible improvements to the airport have been carried out so far, with a broader upgrade set to launch in the coming weeks. He revealed that a French company has been contracted to fix delays caused by slow scanners at the airport, and said staff will receive tourism-oriented training.
