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    market news

    Peru Plans to Become Major Uranium Producer in 5 to 6 Years

    Investing News Network
    Mar. 07, 2013 03:49PM PST
    Energy Investing

    Mining Weekly reported that Peru has the potential to become a major producer of uranium when exploration company Macusani Yellowcake will begin its production from the Macusani Plateau.

    Mining Weekly reported that Peru has the potential to become a major producer of uranium when exploration company Macusani Yellowcake will begin its production from the Macusani Plateau.

    As quoted in the market news:

    Following its merger with rival explorer Southern Andes Energy in April last year, the company owns about 80% of the entire Macusani Plateau, comprising the Colibri 2 and 3, Kihitian and Corachapi deposits.

    Click here to read the full Mining Weekly report.

    macusani yellowcakemarket newsmacusani plateau
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