Market experts downplay impact of Niger coup on spike in uranium spot price

The July 2023 coup in Niger, one of the world’s key exporters of uranium, spurred disinformation and anti-French sentiment. Two months later, several social media posts claimed Niger had hiked the price of the commodity from less than one euro to 200 euros per kilogramme. But AFP Fact Check found that, although uranium is not sold in the open market like oil, and its spot prices are mostly fixed privately between sellers and buyers, its recent price hikes were influenced by a number of factors n