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France owns those mines in niger (Orano I think). They are not "good political relations" The uranium mined from France itself is of low quality and uranium fr
by ganeshkrishnan 3y ago
France owns those mines in niger (Orano I think). They are not "good political relations"
The uranium mined from France itself is of low quality and uranium from AU/CA has too high shipping charges.
Also 30% of uranium to France came from Niger in 2022. For EU as a whole (I think) it was closer to 40%
- reducesuffering 3y agoNo, 2022 was 20% from Niger [0], and EU is 25% [1]. I'll also correct my stats for the latest 2022 year, in which 64% was outside Africa. It fluctuates moderately, like Namibia greatly increasing last year. [0] https://www.lemonde.fr/en/les-decodeurs/article/2023/08/04/how-dependent-is-france-on-niger-s-uranium_6080772_8.html https://www.lemonde.fr/en/les-decodeurs/article/2023/08/04/h... [1] https://www.reuters.com/world/europe/eu-sees-no-immediate-risks-if-niger-cuts-uranium-supplies-2023-08-01/ https://www.reuters.com/world/europe/eu-sees-no-immediate-ri... GP is right that France is playing plenty to keep things smooth with Niger. Niger's entire export economy is based purely on uranium. Meanwhile, to France, it's just the 7th largest global supplier of one commodity. What we're seeing is the foolish hubris of certain people in Niger trying to crank out more profits (the only ones they have), failing to realize that there are six other bigger suppliers in this market. The prices get set fairly, they just don't like it because they have nothing else to further their standard of living, until they actually build a functioning economy. They're antagonizing the hand that feeds them, and if you don't do mutual beneficial trade, France will seek stable supplies elsewhere, while Niger suffers the opposite of what they unfairly wanted.