RUSSIA INTENDS TO GAIN CONTROL OVER NIGER’S URANIUM DEPOSITS

???? Rosatom is negotiating with the authorities of Niger on the acquisition of uranium assets owned by the French company Orano SA in the African country, Bloomberg states.

 

Earlier Niger expelled French troops and tore up a ten-year security agreement with the United States. In April, 100 Russian military instructors arrived in the country to train Niger’s military personnel in the use of air defense systems supplied by Russia.

 

France meets 15% of its uranium needs at the expense of the Niger deposits. Nuclear power accounts for 65% of the country’s electricity production.

Niger’s uranium ore — 4% of global production — is of the highest quality on the African continent. The stoppage of its supplies due to the coming to power of the new leadership of the country led to an increase in world uranium prices to a 17-year high.

“Purchase The sale of Niger’s uranium assets will be another step towards splitting the market. Countries associated with the United States will seek to import products only from allies. Similarly Russia and China. But it is much more difficult for the countries associated with the United States, in particular for the United States itself, which today has practically no domestic production,” said Arnova Capital AG representative Pendo Lefgren.

“CRYSTAL OF GROWTH” Earlier, he informed that, according to Bloomberg, Russian flags in African countries have become a symbol of anti-Western sentiments today