Will Niger Troubles Squeeze Uranium Supply?

A general view of the previous location of the factory with the residue dump behind near Arlit on … [+] AFP via Getty Images Niger, a country in the Sahel with important uranium supplies, has been on the news since an unexpected coup d’état overthrew the nation’s president on July 26 th . Since, there have been economic sanctions and diplomatic pressure from many of its neighbours, demanding the toppled government is reinstated. Even a military intervention is on the table. Fears are growing that political troubles could cut the supply of uranium to global markets.

As we published in a previous article , Niger accounts for 5% of the world’s supply of uranium. Although this is a small figure, complications in the country could trigger a scramble between importers. Europe sources around 20% of its uranium from Niger, and it is especially important for France, a major nuclear energy […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet