Niger: Canadians, Australians and Americans Relaunch Niger's Uranium Industry - allAfrica.com

Author: allafrica.comPublished on: September 25, 2026Country: Niger
Business & Economy
Niger: Canadians, Australians and Americans Relaunch Niger's Uranium Industry - allAfrica.com

On September 25, 2026, Niger's military junta signed an agreement with Australian company Atomic Eagle to revive uranium mining through the Madaouela Mining Company (MAMICO), owned 60% by Atomic Eagle and 40% by the Nigerien government. The project, located in Agadez, includes an initial royalty of $10 million, local development investments, and the creation of around 1,000 jobs for young Nigeriens. This agreement resolves a dispute from the expropriation of GoviEx Uranium's project in 2024, with Atomic Eagle formed from the merger of GoviEx and Tombador Iron in November 2025.

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