KGHM, a Polish copper and silver company, is set to pen an agreement with US firms NuScalle Power LCC and PBE Molecule to develop small modular reactors (SMRs), the company said in a Thursday statement.
Poland's KGHM copper and silver mining corporation ranked as the world's biggest silver mining firm and second-biggest producer in this year's World Silver Survey, the company said in a Friday statement.
Poland's copper and silver conglomerate KGHM's partner in the Chilean Sierra Gorda mine, Japan-based Sumitomo Metal Mining Co., Ltd, intends to sell its shares, KGHM said in a statement on Wednesday evening.
The riches lie buried around 1,900 metres beneath the surface near the towns of Zielona Góra and Nowa Sól, and, if extracted could create 8,600 jobs and bring in an estimated PLN 1 billion a year to the state budget for decades to come.
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