Niger Begins Transport of $240M Uranium Stockpile for Global Sale

In a significant move to assert its financial independence and capitalize on its vast natural resources, the government of Niger has begun the logistical process of transporting and marketing its strategic uranium reserves.

According to reports initially highlighted by the Financial Times and local sources on Monday, February 16, 2026, a massive convoy carrying approximately 1,000 tons of uranium concentrate has begun moving from remote northern mining regions toward central hubs. Industry experts estimate the market value of this specific stockpile to be roughly $240 million at current spot prices.

Economic Sovereignty and Resource Nationalism

The decision to market the stockpile independently is seen as a pillar of Niger’s broader strategy to increase national revenue and leverage its position in the global nuclear energy market. Uranium remains the backbone of Niger’s economy, and the government is increasingly using the resource as a diplomatic tool to negotiate more favorable trade deals and secure greater financial autonomy.

Global Supply Chain Impact

This move comes amid a complex geopolitical landscape. Niger currently accounts for approximately 5% to 7% of global uranium production. By controlling the distribution of its strategic reserves, Niamey is positioning itself as a critical player for major powers seeking to secure stable nuclear fuel supplies.

The transportation of such a significant quantity of "yellowcake" involves high-level security protocols. The government has emphasized that the proceeds from these sales will be directed toward national development projects and stabilizing the domestic economy. This development follows months of tension over mining rights and the legal status of stockpiles previously managed by foreign entities, signaling a firm shift toward state-led resource management.