Loyal uranium does not bring much to Niger

Loyal uranium does not bring much to Niger

Niger, which is a major uranium provider of the European Union, is facing difficulty in securing resources from this raw mineral due to low prices and the difficulty of exploiting international reserves and investors who show very greedy at times.
In response to a question by Agence France -Presse, Nigerian miners, Jacoba Hadizato Osini, regrets that “the uranium industry at the global level is witnessing a continuous trend in price decline.

” In particular, he mentioned “environmental pressure” after the Japanese Fukushima reactor disaster or the exploitation of “rich deposits in Canada in particular. ”
This means in practice the work of work since 2014 at the huge construction site of the Imorine field, which was supposed to produce five thousand tons annually for 35 years “due to the conditions of the market,” and the French “Urano” group that was supposed to manage the site.

The previous “Arva” group recently reduced its operations in this country, which provides twenty percent of its uranium needs. And last year, the company “Kuminak”, one of its branches since the 1970s in the Aralet desert region, arrested its activities after the resource was run out.
The production of its second location, which is run by its company, “Sumer”, decreased, with the extraction of two thousand tons in 2021, compared to three thousand tons nine years ago..

About Author

World