Foreign firms race for Brazil's uranium business

At least five international and domestic groups are positioning themselves in Brazil's uranium sector as Lula's government prepares rules for private partnerships with the state nuclear company.

Nov 3, 2026

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Foreign firms race for Brazil's uranium business

At least five international and domestic groups are positioning themselves in Brazil's uranium sector as Lula's government prepares rules for private partnerships with the state nuclear company.

In brief

At least five international and domestic groups are positioning themselves in Brazil's uranium sector as Lula's government prepares rules for private partnerships with the state nuclear company. Five foreign and domestic companies are competing for Brazil's uranium business as the government prepares rules allowing…

Five groups eye Brazil's uranium sector

Five groups eye Brazil's uranium sector

At least five foreign and domestic companies are positioning themselves in Brazil's uranium and nuclear energy business. Uranium mining is a federal monopoly held by state-owned INB, Indústrias Nucleares do Brasil.

Diamante links Bolsonaro officials to Rosatom

The Diamante group brought together former Bolsonaro administration officials Bento Albuquerque, a former mines and energy minister, and Ney Zanella dos Santos, a former president of ENBPar.

Government delays partnership rules

The Ministry of Mines and Energy said in February the decree was in final stages, but now says the matter remains under review.

The key point

Five foreign and domestic companies are competing for Brazil's uranium business as the government prepares rules allowing private partnerships with state-owned INB.

Read the original on Folha de S.Paulo

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