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The latest update is out from Piche Resources Limited ( (AU:PR2) ).
Piche Resources Limited has entered into an agreement with a U.S.-based utility to explore and potentially supply uranium oxide from Argentina. This collaboration highlights Piche’s technical expertise and aims to advance towards Bankable Feasibility Studies for uranium production in Chubut Province, opening Argentina as a new player in the global uranium market. The agreement involves the exchange of confidential information to facilitate discussions on long-term procurement, potentially impacting Piche’s operational scope and positioning in the industry.
More about Piche Resources Limited
Piche Resources Limited operates in the uranium mining industry, focusing on the exploration and supply of uranium oxide (U3O8). The company is known for its expertise in permitting, funding, constructing, and operating uranium mining facilities, and it is expanding its market focus to include Argentina as a new uranium jurisdiction.
Average Trading Volume: 232,539
Technical Sentiment Signal: Buy
Learn more about PR2 stock on TipRanks’ Stock Analysis page.