Niger Raises Uranium Price, Impacting French Imports

NEW DELHI--September 20, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The military government of Niger has made a significant adjustment to the uranium pricing structure it maintains with France. As reported in The Spectacle, Niger, a prominent player in the global uranium market, has opted to raise the price of uranium from 0.80 euros (US$.85) per kilogram (kg) to 200 euros (US$213.6) per kilogram. According to data from the World Nuclear Association (WNA), Niger ranks as the world's seventh-largest uranium producer and stood as the second-largest supplier of natural uranium to the European Union in 2022. Industrial Info is tracking five uranium mining projects in Niger, worth US$732 million.