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

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.