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Niger is up against the might of France, with its State owned nuclear company AREVA

A nuclear story: Areva and Niger’s uranium fight Express Tribune 5 Feb 14 “…….Mining Minister Tchiana said Areva’s tax breaks cost the government 23 million to 30 million euros a year in potential tax revenue, and any new contracts will have to adhere to the 2006 law. Unions in Niger and transparency campaigners say Areva has also become more aggressive about minimizing its profit – and thus its tax bill – in the country in the past few years…….

“Today Niger is faced with the power of France. Niger is not negotiating with a company,” said Ali Idrissa, head of ROTAB, the local arm of transparency campaigner Publish What You Pay.

Areva is prepared to play hardball. The firm threatened to shut production at Somair in October after Niger failed to find a buyer for its small share of 2013 production. ($1 = 0.7402 euros) ($1 = 485.5160 CFA francs) http://tribune.com.pk/story/667988/a-nuclear-story-areva-and-nigers-uranium-fight/

February 7, 2014 - Posted by | Uncategorized

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