4 ms·

Do you have a source for this?

littlestymaar 3y ago
I've heard that several time, and I'd like to have a source for that.
realusername 3y ago
You can look a market summary here: https://elements.visualcapitalist.com/70-years-of-global-uranium-production-by-country/ https://elements.visualcapitalist.com/70-years-of-global-ura... and an article here: https://www.lesechos.fr/finance-marches/marches-financiers/putsch-au-niger-pourquoi-le-marche-de-luranium-reste-de-marbre-1967351 https://www.lesechos.fr/finance-marches/marches-financiers/p... Basically Niger already dropped a lot as a source worldwide due to production costs. Areva even has a mine with permits to exploit in Imouraren which they don't actually exploit because uranium prices are so low that it's not economical to keep the mine opened. There's been talks to shut down all the remaining mines even before the coup. The prices paid by Areva were also increased by 50% during Hollande terms (https://www.latribune.fr/entreprises-finance/industrie/energie-environnement/20120611trib000703254/hollande-prone-la-cooperation-sur-l-uranium-avec-le-niger.html https://www.latribune.fr/entreprises-finance/industrie/energ...) for political reasons and pushed the mines not too far from closing economically.
- aatd86 3y ago
  Well these are mostly French media outlets. You don't necessarily get the same information elsewhere... Go wonder... Could do the same and post this: https://www.i24news.tv/en/news/international/economy/1691490311-former-french-intelligence-agent-exposes-dirt-on-uranium-mining-operation-in-niger https://www.i24news.tv/en/news/international/economy/1691490...
  - realusername 3y ago
    That's pretty much the same thing but in English, the mine wasn't financially profitable because the global prices are lower and never opened. Additionally, I don't have any reason to think the medias I posted are biased either. It's not Russia
    - aatd86 3y ago
      Not really but alas. Also the margins that were made don't necessarily depends on the price of the contract on the markets. The contract with the Nigerien government can be considered OTC. So people claims that it was fair is disingenuous. Then again it's a negotiation so the other party is at fault too. The issue is when one of the other party decides what their counterpart will be in advance, make some arrangements etc. That's not fair and that's what the article also talks about. But anyway... This is known even in French circles, they don't hide it at all. Just a shame to have such a short-term, outdated vision.
  - littlestymaar 3y ago
    You realize that i24news is also kind of a French media outlet? (it's part of Altice group, same as M6 or Libération and the CEO of the channel is French).
    - aatd86 3y ago
      You need to verify your sources. Just a little search would show you that it's not entirely true, not true anymore, or slightly twisted in the way you present it. That's the whole problem, a lot of people peddle biased or straight false information. Even if it isn't malicious in intent, perhaps because of ignorance, it's problematic.
      - littlestymaar 3y ago
        Here's the Linkedin of the channel's CEO for you: https://www.linkedin.com/in/frank-melloul-158470/ https://www.linkedin.com/in/frank-melloul-158470/ Source of the fact that he's indeed the CEO: https://www.i24news.tv/en/executive-committee https://www.i24news.tv/en/executive-committee. I mixed-up the news Channel owned by Altice (M6 doesn't belong to it), but it's still clearly an important player in French media: https://www.alticemedia-adsconnect.fr/nos-marques/ https://www.alticemedia-adsconnect.fr/nos-marques/ You're the one trying to muddy the water, first by implying that French media weren't reliable, and then trying again against my refutation.
        aatd86 3y ago
        He is formerly French. And i24news is israeli. It's part of Altice as a buyout by the branch Altice USA... Please, just stop. This is not a game.
        littlestymaar 3y ago
        > He is formerly French. Frank Melloul is French, and he formerly worked for the French government, and he was even active (at a low level) in French politics. > And i24news is israeli. Technically it's from Luxembourg[0] actually;). > It's part of Altice as a buyout by the branch Altice USA... I wasn't bought out, it was founded by French[1] billionaire Patrick Drahi in 2013. This isn't a game, you're just flat out lying for gods knows why. [0]: https://www.i24news.tv/fr/conditions-generales-d-utilisation https://www.i24news.tv/fr/conditions-generales-d-utilisation [1]: yes he has 5 different nationalities, but his familly arrived in France when he was a teen, studied in France, made a fortune in France, most of his empire are French companies, and so is his political network, so I'll count him as a fellow French, even if he also has the nationality from Saint Kitts and Nevis…
hokkos 3y ago
From the customs data the Niger was on the expansive side, you can look it up it's code NC8 is 28441090 on the douane website. https://pbs.twimg.com/media/F2_pLLfWcAAQswU?format=jpg&name=medium https://pbs.twimg.com/media/F2_pLLfWcAAQswU?format=jpg&name=...

I've heard that several time, and I'd like to have a source for that.

You can look a market summary here: https://elements.visualcapitalist.com/70-years-of-global-uranium-production-by-country/ https://elements.visualcapitalist.com/70-years-of-global-ura... and an article here: https://www.lesechos.fr/finance-marches/marches-financiers/putsch-au-niger-pourquoi-le-marche-de-luranium-reste-de-marbre-1967351 https://www.lesechos.fr/finance-marches/marches-financiers/p... Basically Niger already dropped a lot as a source worldwide due to production costs. Areva even has a mine with permits to exploit in Imouraren which they don't actually exploit because uranium prices are so low that it's not economical to keep the mine opened. There's been talks to shut down all the remaining mines even before the coup. The prices paid by Areva were also increased by 50% during Hollande terms (https://www.latribune.fr/entreprises-finance/industrie/energie-environnement/20120611trib000703254/hollande-prone-la-cooperation-sur-l-uranium-avec-le-niger.html https://www.latribune.fr/entreprises-finance/industrie/energ...) for political reasons and pushed the mines not too far from closing economically.

aatd86 3y ago
Well these are mostly French media outlets. You don't necessarily get the same information elsewhere... Go wonder... Could do the same and post this: https://www.i24news.tv/en/news/international/economy/1691490311-former-french-intelligence-agent-exposes-dirt-on-uranium-mining-operation-in-niger https://www.i24news.tv/en/news/international/economy/1691490...
- realusername 3y ago
  That's pretty much the same thing but in English, the mine wasn't financially profitable because the global prices are lower and never opened. Additionally, I don't have any reason to think the medias I posted are biased either. It's not Russia
  - aatd86 3y ago
    Not really but alas. Also the margins that were made don't necessarily depends on the price of the contract on the markets. The contract with the Nigerien government can be considered OTC. So people claims that it was fair is disingenuous. Then again it's a negotiation so the other party is at fault too. The issue is when one of the other party decides what their counterpart will be in advance, make some arrangements etc. That's not fair and that's what the article also talks about. But anyway... This is known even in French circles, they don't hide it at all. Just a shame to have such a short-term, outdated vision.
- littlestymaar 3y ago
  You realize that i24news is also kind of a French media outlet? (it's part of Altice group, same as M6 or Libération and the CEO of the channel is French).
  - aatd86 3y ago
    You need to verify your sources. Just a little search would show you that it's not entirely true, not true anymore, or slightly twisted in the way you present it. That's the whole problem, a lot of people peddle biased or straight false information. Even if it isn't malicious in intent, perhaps because of ignorance, it's problematic.
    - littlestymaar 3y ago
      Here's the Linkedin of the channel's CEO for you: https://www.linkedin.com/in/frank-melloul-158470/ https://www.linkedin.com/in/frank-melloul-158470/ Source of the fact that he's indeed the CEO: https://www.i24news.tv/en/executive-committee https://www.i24news.tv/en/executive-committee. I mixed-up the news Channel owned by Altice (M6 doesn't belong to it), but it's still clearly an important player in French media: https://www.alticemedia-adsconnect.fr/nos-marques/ https://www.alticemedia-adsconnect.fr/nos-marques/ You're the one trying to muddy the water, first by implying that French media weren't reliable, and then trying again against my refutation.
      - aatd86 3y ago
        He is formerly French. And i24news is israeli. It's part of Altice as a buyout by the branch Altice USA... Please, just stop. This is not a game.
        littlestymaar 3y ago
        > He is formerly French. Frank Melloul is French, and he formerly worked for the French government, and he was even active (at a low level) in French politics. > And i24news is israeli. Technically it's from Luxembourg[0] actually;). > It's part of Altice as a buyout by the branch Altice USA... I wasn't bought out, it was founded by French[1] billionaire Patrick Drahi in 2013. This isn't a game, you're just flat out lying for gods knows why. [0]: https://www.i24news.tv/fr/conditions-generales-d-utilisation https://www.i24news.tv/fr/conditions-generales-d-utilisation [1]: yes he has 5 different nationalities, but his familly arrived in France when he was a teen, studied in France, made a fortune in France, most of his empire are French companies, and so is his political network, so I'll count him as a fellow French, even if he also has the nationality from Saint Kitts and Nevis…

hokkos 3y ago

From the customs data the Niger was on the expansive side, you can look it up it's code NC8 is 28441090 on the douane website. https://pbs.twimg.com/media/F2_pLLfWcAAQswU?format=jpg&name=medium https://pbs.twimg.com/media/F2_pLLfWcAAQswU?format=jpg&name=...