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The impact of the military coup in Niger on energy markets

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The impact of the military coup in Niger on energy markets

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Prepared by: Research and Studies Department at Saif Bin Hilal Center.

Abstract:
Niger has two large uranium mines that provide about 5% of the world's production of high-quality uranium ores. The first commercial uranium mine in Niger began operating in 1971 when strong government support began to expand mining n uranium.

Uranium production in Niger will not significantly affect global energy markets if it stops. It represents between 4 to 5% of global uranium production, but it greatly affects the energy market in France.