DE RUEHNM #0267 0661223
ZNY CCCCC ZZH
P 061223Z MAR 08
FM AMEMBASSY NIAMEY
TO RUEHC/SECSTATE WASHDC PRIORITY 4165
INFO RUEHZK/ECOWAS COLLECTIVE PRIORITY
RUEHFR/AMEMBASSY PARIS PRIORITY 0657
RUZEHAA/CDR USEUCOM INTEL VAIHINGEN GE PRIORITY
RHMFISS/CDR USEUCOM VAIHINGEN GE PRIORITY
RUEAIIA/CIA WASHDC PRIORITY
RHEFDIA/DIA WASHINGTON DC PRIORITY
RUEHUNV/USMISSION UNVIE VIENNA PRIORITY 0028 C O N F I D E N T I A L NIAMEY 000267
E.O. 12958: DECL: 02/05/2013
SUBJECT: PRICE OF NIGERIEN URANIUM
REF: (A) NIAMEY 45 (B) 07 NIAMEY 983
Classified By: Donald W. Koran, DCM, reasons 1.4 (b/d)
1. (U) the Government of Niger and the French energy company
Areva signed an agreement on January 13 which among other
things sets the price of the uranium (ref A). At the time,
the GON announced that the new price represented a 50 percent
increase, but did not specify what the price actually was.
2. (C) A Ministry of Mines and Energy official reports that
the new price is CFA 55,000/kg, or about $60/kg.
3. (C) Last August 1, Areva agreed to increase the price it
paid for uranium from cfa 27,300 to cfa 40,000 (ref B). The
new price is therefore 37.5 percent higher than the price in
effect before the new agreement, but over twice as high as
the price that was in effect before last August.
4. (C) Comment: We suspect that the GON is reluctant to
publicize the actual price because critics will compare it to
the much higher world spot price, and claim the government
made a bad deal.
This website hosts an archive of all 251,287 US Embassy diplomatic cables that were released by WikiLeaks between November 28, 2010 and September 2, 2011.
While the cables are generally available at http://wikileaks.org/cablegate.html
, we find it hard to search or even navigate the site to read the cables.
We have made all 251,287 cables available here at Dazzlepod with the hope to make it easier for readers to browse, search, share and discuss about the released cables.
The cables are periodically selected and posted to our Twitter page
and Facebook page
for readers to review them.
For comments or questions, please do not hesitate to contact us at email@example.com