“There’s the possibility of registering and confirming uranium reserves,” Colque said.
Hydrocarbons, especially natural gas, are accounted for over half of Bolivia’s total export revenue in 2008.
Bolivia President Evo Morales said that he wants to diversify the nation’s economy to protect against fluctuations in fuel prices, and International Atomic Energy Agency Director General Mohamed ElBaradei has expressed support for plans to mine uranium in Bolivia.
Freddy Beltran, Bolivia’s Mining Ministry director said that the central government is not involved in the project at the Cotaje deposit. Beltran said a uranium production plant in the same location was closed 25 years ago.
