Brazil will try to reignite its nuclear energy program with an investment of R$40 billion (around US$20 billion) over the course of one year. There are today three power-plants in operation and the self sufficiency in enrichment of Uranium will receive a make over with the new program. Liliane Rank completed, in November 2009, the final report of this first phase of development, the "Study of the Supply Chain of the Brazilian Nuclear Program: background and prospects of the sector of nuclear power generation in Brazil" sees future growth in demand.
Will Brazil supply Uranium to Iran? Recently there was a global discussion whether Brazil should provide enriched Uranium to the controversial need for nuclear power of Iran in the Middle-East. There is no sign of advances in this subject since Iran is already enriching it themselves and so I don't think the new Brazilian program considers this issue at this point. I will provide updates on this in the future.
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