Brazil sits on some of the world's largest uranium reserves yet barely mines them. A new push led by the national development bank
BRAZIL · ENERGY
Key Facts
—The move: Brazil’s state development bank, the BNDES, is structuring projects to expand uranium mining, working with state nuclear company INB.
—The footprint: The plan covers exploration studies in five areas across the states of Goiás, Bahia, Paraná, Paraíba and Tocantins.
—The goal: Secure fuel for Brazil’s nuclear plants and open the door to exporting the metal as global nuclear demand rises.
Brazil is set to cut into China's rare earths dominance
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