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Guyana’s Uranium Future in Flux | Guyana News
Description
Guyana’s Kurupung Uranium Project, sitting on 20.6 million pounds of uranium, is heating up under Canadian firm U92 Energy, which has already begun drilling and environmental work. While royalty rates for the government remain unconfirmed and up for negotiation, ROPA Investments has secured a deal to buy up to half of the first phase’s output—40 million pounds of uranium oxide. The project, backed by LIA (Guyana) Inc., holds exclusive rights for uranium, radioactive minerals, and rare earth elements for five years, signaling serious long-term exploration potential as global demand for low-carbon nuclear energy grows.
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