News

Brazil readies first uranium export to Argentina

Bnamericas Published: Tuesday, June 21, 2016
Brazil readies first uranium export to Argentina

Brazil is preparing to export its first shipment of enriched uranium, the head of state-run company Indústrias Nucleares do Brasil (INB) said on Monday.

Four tons of the fuel will be sold to Argentina's state nuclear fuel company Conuar, INB president João Carlos Tupinambá said during an event in Rio.

According to Tupinambá, a 15-day contract signed by INB and Conuar is awaiting approval from Brazil's foreign affairs ministry.

The uranium has been earmarked for use by Argentina's Carem test reactor in Buenos Aires province.

"We are seeking a more effective partnership with Argentina," Tupinambá was quoted as saying by the Globo newspaper.

"We are in negotiations to supply the Carem reactor and also analyze possibilities for the Atucha 1 plant," he added.

Brazil currently generates nuclear power from two plants, Angra 1 (657MW) and Angra 2 (1.35GW), which are operated by Eletronuclear, a subsidiary of state-run utility Eletrobras.

Work on third plant – Angra 3 (1.405GW) – was halted last September amid allegations engineering firms formed a cartel to fix contracts for the project.

Argentina has three nuclear plants in operation: Central Nuclear Atucha I (362MW), Central Nuclear Atucha II (745MW) and Central Nuclear Embalse (648MW).

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Electric Power

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Ritz Instrument Transformers GmbH  (RITZ)
  • RITZ is one of the world´s leading specialists for Instrument Transformers: Low and medium voltage insulated with epoxy resin, high voltage transformers insulated with oil/paper...
  • Company: S&P Global Platts
  • Platts, subsidiary of S&P Global, is a company providing international market information relative to oil & gas, petrochemical, metals, agriculture, and maritime transport secto...
  • Company: Energía Llaima SpA  (Energía Llaima)
  • Energía Llaima, a Chilean energy company, is backed by experienced investors who have "assumed the new challenges of national energy development." Energía Llaima is working to i...
  • Company: ATCO México
  • ATCO México, the local subsidiary of Canadian holding group ATCO, is engaged in the development, construction and operation of energy infrastructure. Since its incorporation in ...
  • Company: 3M Chile S.A.  (3M Chile)
  • 3M Chile is the local subsidiary of the diversified global technology company 3M, which operates in four business units: security and industry, transportation and electronics, h...