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The deals between France and Niger are not public, but Reuters was able to provide some citable data here (2015) [1] : --- "Reuters has reviewed documents whi
by somenameforme 3y ago
The deals between France and Niger are not public, but Reuters was able to provide some citable data here (2015) [1] :
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"Reuters has reviewed documents which reveal that Areva’s mines pay no export duties on uranium, no taxes on materials and equipment used in mining operations, and a royalty of just 5.5 percent on the uranium they produce."
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Areva has been restructured and is now Orano. [2] Alongside the token level royalty rate and exemptions, they're undoubtedly also exploiting local labor. Niger is one of the poorest places in the world, with a nominal gdp/capita of $630 - about $50/month. There's a reason the streets were full of people rejoicing when the coup happened!
[1] - https://www.reuters.com/article/us-niger-areva-specialreport-idUSBREA140AA20140205 https://www.reuters.com/article/us-niger-areva-specialreport...
[2] - https://en.wikipedia.org/wiki/Orano https://en.wikipedia.org/wiki/Orano
- hokkos 3y agoNot true, the customs data are public and we know the price per kg of each grams of uranium from each counties, 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=...
- somenameforme 3y agoI'm not sure what that table is showing, but it's not what you are implying. Niger is France's plurality supplier, so them showing 5% is clearly measuring something else. Beyond that, France is not importing from Niger in the nominal sense. A French state owned company, in Niger, mines the uranium, and then gives Niger a token royalty on profits. So if they claimed e.g. $100, you'd expect about $5.50 of that (unless Niger was able to negotiate a better deal since 2015) to go to Niger. So their "real" cost would be the $5.50 plus labor/supplies.