Could Europe Face an Energy Crisis if Niger Halts Uranium Mining for France?
Amidst the aftermath of the coup in Niger, questions loom over the future of uranium supply, a cornerstone of the nation's economy. Niger, nestled in the Sahel region, possesses extensive underground uranium reserves, making it a vital player in the global uranium market.
France, a former colonial power in Niger, faces a precarious situation. A significant portion, approximately two-thirds, of France's electricity generation relies on nuclear power plants powered by uranium extracted from Niger. Furthermore, France exports electricity to European nations that lack their own nuclear power facilities.
With coup plotters holding sway in Niger for just over a month, concerns have surged regarding the uninterrupted flow of uranium to global markets.
