Peru will soon be a great economic power

The Peruvian company Macusani Yellowcake reported that it has discovered resources equivalent to 2.5 million tons of high -grade lithium and significant amounts of uranium during the exploration of the Falchani deposit in the south of the country. The company, a subsidiary of Canada's Plateau Energy, said the deposit could become the largest lithium mine in the world . He added that up to now they have drilled 15 percent of the surface of the deposit and that they plan to explore 10,000 more meters this year. In comparison, as explained by the company's authorities, important salt flats like those of Chile and Bolivia have an average of 500 parts per million (ppm), while the Falchani deposit has a content up to seven times higher, among the 3,500 at 4,000 ppm, showing enormous economic potential. Therefore, the firm is looking for partners to invest around USD 800 million. Ulises Solís, general manager of Macusani Yellowcake, added that in the underground deposit they ...