Niger Raises Its Uranium Prices From € per kilo to €200 per kilo.
#niger #uranium #africa
Niger Just Raised Its Uranium prices to Over 24,900%
Niger, a significant player in the uranium sector, has taken a brave move to ensure just remunerations for its priceless natural resource, uranium. The cost of uranium in Niger has soared from about 80 cents per kilogram to 200 euros per kilogram. This represents a substantial change of roughly 24,900%. This increase demonstrates the resolve of African countries to end past inequalities and calls for fair compensation for their crucial contributions to the world economy. The global uranium market, Niger’s economy, and international relations may all be impacted by this rise in uranium prices. We’ll address these in a moment.
Uranium is the most popular nuclear energy fuel. Uranium is used in nuclear weapons, naval propulsion, and cancer treatment. The seventh-largest producer of uranium in the world is Niger. After President Muhammad Basoum was ousted during the military coup in Niger, uranium prices increased somewhat.
The main purchaser of uranium from Niger has traditionally been France, which used its parasitic French policies to set a price of 80 cents per kilogram for the country’s uranium even though the global market price was far higher. For instance, Canada charges 200 euros per kilogram for its uranium.
How France Keeps 14 African Countries Poor:
14 countries under colonial Tax Rules:
French Troops in Niger told to “Pack and go home“:
FOOTAGE licensed through Storyblocks
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