2024 - Sustainable Industrial Processing Summit
SIPS2024 Volume 1. Abe Intl. Symp. / Oxidative Stress and Technological Innovations in Medicine
| Editors: | F. Kongoli, H. Inufusa, T. Yoshikawa, C.A. Amatore, H-Y. Chen, W-H. Huang |
| Publisher: | Flogen Star OUTREACH |
| Publication Year: | 2024 |
| Pages: | ## pages |
| ISBN: | 978-1-998384-04-4 (CD) |
| ISSN: | 2291-1227 (Metals and Materials Processing in a Clean Environment Series) |
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PARAGUAY AS AN EMERGING MINING JURISDICTION: URANIUM EXPLORATION & GEOPOLITICAL CONTEXT
Emily Hersh1;1LUNA ENERGY LTD., Nevada, United States;
Type of Paper: Regular
Id Paper: 505
Topic: 46
Abstract:
Paraguay is emerging as a potential player in mining for critical minerals, particularly uranium. This presentation examines Paraguay's unique position as an emerging uranium mining jurisdiction in the context of its geopolitically strategic factors.
We explore the country's business environment, including its stable political climate, transparent mining laws, and attractive tax policies. Paraguay's strategic location in South America, extensive waterways, third-largest fluvial fleet globally, and membership in the MERCOSUR trade bloc make it an ideal hub for mining operations and easy shipping to major markets. We highlight Paraguay's strong economic performance from 2004 to 2024, outpacing its South American peers in growth while maintaining smaller fiscal deficits and lower international debt
This presentation provides an overview of Paraguay's geological foundations and past exploration history. We analyze Paraguay's uranium exploration history, including a significant Anschutz Corporation campaign from 1976-1983, and examine the current project geology, uranium deposit models, and ongoing exploration activities. The study also provides a comparative analysis with selected global uranium deposits.
The presentation addresses the projected global demand for uranium, which currently exceeds supply forecasts, and the geopolitical factors that underpin supply challenges for nuclear fuel.
Paraguay stands at a critical juncture, poised to capitalize on its mineral wealth while balancing economic development with environmental stewardship. Paraguay has the potential become a significant player in the global supply chain for uranium and battery materials, potentially transforming its economy and contributing to the world's clean energy transition.