Russia’s state owned energy firm, Uranium One, a member of Rosatom’s international mining company, became a winner of the open international tender for the supply uranium in 2017 to Brazil.
Uranium One said in a statement yesterday it will supply approximately 400 tons of natural Uranium to Indústrias Nucleares do Brasil (INB), a Brazilian state owned company engaged in the production of fuel for nuclear power plants.
“This is the first supply of our company’s products not only to Brazil, but also to South America, – said Vasily Konstantinov, the Chairman of the Board of Directors at Uranium One Inc. – We are pleased that our proposal has been ranked as the best one, and we look forward to the cooperation with the Brazilian fuel company INB, which opens new horizons for the sales geography, and provides a basis for successful collaboration on projects throughout the region”.
Uranium One Inc. is one of the world’s largest uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States and Tanzania. Early in January, Likuyu Resources, which is 14% controlled by Russian concern, has won two new uranium exploration permits in Tanzania.
The move by Uranium One, which already holds a mining license at Mkuju River in the south of Tanzania is of significant importance for the country, which has embarked upon the road to build its first nuclear-powered plant by 2034. The Tanzanian government signed an agreement in November with the giant Russian state-owned nuclear company Rosatom to develop nuclear energy in the country.