U308 Corp’s Argentina Opportunity

Mining Weekly reported that South American uranium exploration company, U308 Corp., sees its uranium prospects lighting up with Brazil and Argentina’s positions at the forefront of South American nuclear development.

U308 Corp’s president and CEO Richard Spencer explained:

Argentina has a third reactor coming online now. The reactor is going to be a local design: a mini reactor that is just 25 MW. These small reactors have huge growth potential and their output is between 25 MW and 200 MW, the latter being about on fifth the size of standard, large reactors.

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