Niger sends uranium prices to the moon

Niger sends uranium prices to the moon

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Niger sends uranium prices to the moon much to France dismay

Niger, a significant player in the global uranium market, recently took the bold step of raising the uranium price from €0.80/kg to €200/kg, the Spectacle reported.

This price increase has serious implications for Niger’s economy, international relations and the global uranium market.

France, historically a main buyer of Niger’s uranium, has always had a major influence on the pricing of uranium from Niger. So taking advantage of such influence, it was getting a ridiculously low price.

Thus, Niger has suffered for years from a shockingly undervalued price of only €0.8 per kilogram, meanwhile the price of uranium from Canada was the same €200 per kilogram.

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