Competition for Niger's uranium

Niger is the world's third-largest uranium producer, extracting about 3,300 tonnes per year. Prices rose to US$55 per pound in June, up more than 35% since April; nuclear power is back in fashion and competition for supplies is heating up. Uranium exports make up more than 40% of government revenue and the price rises come in time to match President Mamadou Tandja's politico-financial obligations.

Article Tags:
Mamadou Tandja, French, China, Nicolas Sarkozy

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