A US company is conducting significant titanium prospecting in Paraguay, focusing on the Alto Paraná region. The confirmation was made by US Embassy Chargé d'Affaires Robert Alter.
The company responsible for the work is Uranium Energy Corp. (UEC), which is conducting exploration activities in areas with potential to host important mineral deposits. Operations are concentrated in the Alto Paraná department, a region known for its mineral production.
Alter highlighted that progress in the research is considered auspicious, indicating significant potential for discovering titanium reserves in Paraguayan territory.