Brazil plans to open uranium mining to private capital, allowing partnerships with private firms provided the state nuclear fuel-cycle company retains at at least a 20% equity stake in each project. A draft regulation would permit the state monopoly

2026-07-13

Brazil plans to open uranium mining to private capital, allowing partnerships with private firms provided the state nuclear fuel-cycle company retains at at least a 20% equity stake in each project. A draft regulation would permit the state monopoly on the nuclear fuel cycle to publicly tender joint mineral-exploration projects and to collaborate with private companies on uranium and other nuclear-mineral extraction, processing, industrialization and sales. The proposal is under review at the presidential civil office and the Ministry of Mines and Energy and may be amended, Agência iNFRA reported late last month.