In a Decarbonizing World, Brazil Wants to Be a Uranium Exporter

  • INB sees enough uranium for local plants and export markets
  • Fertilizer production will supply the new agriculture frontier
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A mining project seen as a priority by the Brazilian government would turn the nation into a uranium exporter and reduce its fertilizer import needs if it proceeds.

Latin America’s largest economy, which currently imports uranium for its nuclear plants and ships in most of its fertilizer needs, will become more self-sufficient with a $400 million project in the nation’s impoverished northeast, according to the consortium formed to explore the deposit.