Argentina has created a dedicated Office of Nuclear Affairs within its Ministry of Economy, a strategic move designed to accelerate the development of its nuclear industry and capitalise on the country’s uranium resources.

President Javier Milei’s administration says the new office will provide greater policy coherence across the mining, energy and nuclear sectors to support the nation’s ambition of becoming a leading global supplier of uranium — an objective Milei has described as an effort to position Argentina as the "Saudi Arabia of uranium."

The office will be led by seasoned nuclear sector executive Federico Ramos, who previously played a central role in restructuring Dioxitek, an Argentine firm engaged in uranium conversion for the country’s nuclear power plants.

Government officials argue that aligning policy and regulatory frameworks under a single institutional umbrella will expedite investment, streamline operations and unlock export potential for both uranium and nuclear technologies.

Argentina’s established civil nuclear sector dates back more than seventy-five years, encompassing research, nuclear power generation and applications with peaceful purposes.

The development comes amid broader national efforts to revitalise the nuclear energy industry.

Buenos Aires promotes multiple uranium projects across provinces such as Río Negro and Chubut, and is pursuing initiatives to strengthen the entire nuclear fuel supply chain, including exploration and potential exports.

Argentina’s existing nuclear capacity — generated by its Atucha and Embalse plants — contributes a modest share of electricity but provides a foundation for expansion.

Analysts note that global uranium demand is rising as countries increasingly consider nuclear power in energy transition strategies, and Argentina’s geological prospects — with preliminary resource estimates far exceeding historically identified reserves — offer economic opportunities for domestic development and foreign investment.

Industry partnerships and memoranda of understanding with international energy firms further suggest that Argentina could become a significant participant in global uranium markets, though commercial production will require sustained investment and regulatory progress.

By consolidating nuclear policymaking and fostering international engagement, the Milei government aims to transform Argentina’s nuclear sector into a driver of economic growth and a strategic supplier of critical minerals and nuclear fuel.

Officials emphasise the peaceful purpose of this initiative and its potential to diversify the nation’s export profile while contributing to energy security and technological leadership in the region.