Russia allegedly wants to take over France's uranium deposits in Niger.
Niger is one of the poorest countries in the world but is the seventh largest uranium producer in the world. France relies on the country for up to 15 percent of its uranium requirements. And nuclear energy accounts for around 65 percent of electricity production in France. EU utilities purchase around a quarter of their total uranium from Niger. Niger also has very high-quality uranium mines. It is therefore not surprising that any efforts by Russia are being closely monitored. This March, for example, a delegation from Niger took part in the Russian nuclear industry's most important event, the Nuclear Expo (which is supported by Rosatom), for the first time. It is well known that uranium is in short supply and the price has risen to a 17-year high. Overall, Niger is responsible for around four percent of global uranium mine production.
A coup took place in Niger in July 2023. Niger is now also one of the African countries that are ruled by the military. Most of these African countries have built up close relations with Russia in economic, military and diplomatic terms. The military takeover has stopped exports from Niger. Now there are rumors that Russia wants to take over the uranium deposits in Niger that are owned by a state-controlled French company. The Nigerien Prime Minister and Rosatom have not yet responded to questions in this regard. Should Russia be able to successfully pursue mining interests in the uranium sector in Niger, this can only have a positive effect on the further price development of uranium. Companies such as IsoEnergy or Uranium Royalty are suitable for investors who want to be part of the uranium boom.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is represented in the best uranium regions in the USA, Canada (Athabasca Basin, Saskatchewan), Australia and Argentina.
Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - is the only royalty company in the uranium sector and as a royalty company offers diversification for investors.
Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer
Niger is one of the poorest countries in the world but is the seventh largest uranium producer in the world. France relies on the country for up to 15 percent of its uranium requirements. And nuclear energy accounts for around 65 percent of electricity production in France. EU utilities purchase around a quarter of their total uranium from Niger. Niger also has very high-quality uranium mines. It is therefore not surprising that any efforts by Russia are being closely monitored. This March, for example, a delegation from Niger took part in the Russian nuclear industry's most important event, the Nuclear Expo (which is supported by Rosatom), for the first time. It is well known that uranium is in short supply and the price has risen to a 17-year high. Overall, Niger is responsible for around four percent of global uranium mine production.
A coup took place in Niger in July 2023. Niger is now also one of the African countries that are ruled by the military. Most of these African countries have built up close relations with Russia in economic, military and diplomatic terms. The military takeover has stopped exports from Niger. Now there are rumors that Russia wants to take over the uranium deposits in Niger that are owned by a state-controlled French company. The Nigerien Prime Minister and Rosatom have not yet responded to questions in this regard. Should Russia be able to successfully pursue mining interests in the uranium sector in Niger, this can only have a positive effect on the further price development of uranium. Companies such as IsoEnergy or Uranium Royalty are suitable for investors who want to be part of the uranium boom.
IsoEnergy - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - is represented in the best uranium regions in the USA, Canada (Athabasca Basin, Saskatchewan), Australia and Argentina.
Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - is the only royalty company in the uranium sector and as a royalty company offers diversification for investors.
Current company information and press releases from Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer
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Herr Jörg Schulte |
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Herr Jörg Schulte |
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