Rosatom's subsidiary signed a contract to provide uranium to nuclear power plants in Brazil

The daughter Rosatom"" signed a contract for the supply of uranium nuclear power plants in. This was Brazil announced by the press service of the Russian state corporation on December 6, 2022.

It is specified that the agreement signed by the "daughter" of Tehsnabexport (part of Rosatom) Internexco GmbH and the Brazilian state-owned company Industrias Nucleares do Brasil (INB) involves providing 100% of the needs of Angra NPP in the period 2023-2027. The contract was the result of an open international tender.

Rosatom's subsidiary signed a contract to provide uranium to nuclear power plants in Brazil

Rosatom emphasizes that the first long-term contract in the history of the state corporation with Brazil for the supply of enriched uranium products, which opens up access to the largest uranium product market in the Latin American region.

The Admiral Alvaro Alberto Nuclear Power Plant is the only nuclear power plant in Brazil. Located in the municipality of Reys in the state of Rio de Janeiro. It has two water-water reactors: Angra I (type PWR) with a capacity of 657 MW and Angra II (type Convoy) with a capacity of 1350 MW.

Rosatom with a production volume of about 7,100 tons of uranium per year (about 15% of world production) by the end of 2022 ranks second in this indicator after Kazakhstan's Kazatomprom, follows from the data of the analytical company Ux Consulting. The company mines uranium in the Kurgan region, the Trans-Baikal Territory and Buryatia, as well as in Kazakhstan through its subsidiary Uranium One (U1). At the same time, Rosatom ranks first (36% of the market) in the world in terms of uranium enrichment and third (17%) in terms of fuel supplies for nuclear power plants, second only to the American Westinghouse and the French Framatome.

Tehsnabexport and INB are linked by a long history of cooperation. In November 2019, the companies entered into an agreement of intent, in which the parties agreed to study the possibility of implementing joint projects in the field of nuclear fuel cycle.^[1]

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