# 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.
- Title: Foreign firms race for Brazil's uranium business | Shortify
- Summary: At least five international and domestic groups are positioning themselves in Brazil's uranium sector as Lula's government prepares rules for private…
- Keywords: brazil, uranium, nuclear energy, inb, private partnerships, lula government, foreign investment, Folha de S.Paulo
- Source: Folha de S.Paulo — https://redir.folha.com.br/redir/online//rss091/*https://www1.folha.uol.com.br/internacional/en/business/2026/11/race-for-brazilian-uranium-attracts-foreign-groups-and-former-bolsonaro-government-officials.shtml
- Published: 2026-11-03T13:49:00+00:00
- Read time: 1 min
- Topics: brazil, uranium, nuclear energy, inb, private partnerships, lula government, foreign investment, news, politics
## 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.
## Key takeaway

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