Brazil’s Revised Nuclear Roadmap Will Consume US$ 13 Billion

Brazil’s Minister of Science and Technology, Sergio Rezende, declared that the inauguration of the Uranium Enrichment Factory (Fábrica de Enriquecimento de Urânio) in Resende, state of Rio de Janeiro, will take place in 2006.

Speaking at a ceremony where Roberto Garcia Esteves took office as the new president of Brazilian Nuclear Industries (INB), Rezende admitted that the factory was supposed to be in operation by now.


“Because of delays we are still in the test phase. The inauguration will be next year,” he said.


Rezende reported that Brazil spends US$ 15 million to import enriched uranium annually but that the country is one of the few in the world that has the capacity to enrich its own uranium.


New Nuclear Roadmap


A copy of the proposed revised Nuclear Program (Programa Nuclear Brasileiro) is on president Luiz Inácio Lula da Silva’s desk.


It covers a 17-year period, running to 2022, involves investments totaling US$ 13 billion and calls for an increase in the percentage of energy used in Brazil from nuclear power plants to rise from 3.7% to 5%.


According to the president of the Nuclear Energy Commission, Oldair Gonçalves, the first step in the revised program is the completion of the Angra 3 power plant.


Agência Brasil

Tags:

You May Also Like

Time for a Gentler Economic Policy in Brazil

Brazilian Economist Walter Brasil Mundell believes that the Brazilian economy will grow more in ...

Brazil Reticent on Releasing Papers on Country’s Imperialistic Moves and Nuke Ambitions

The possible release of secret documents dating back to 1864/70 Brazil-Paraguay war is causing ...

Brazilians Can Now Go to Court on the Internet

Brazilian ministers of Justice, Márcio Thomaz Bastos, and Communications, Hélio Costa, and the chief ...

Milton Nascimento Back in California for Stanford Jazz Festival

Brazilian music legends Milton Nascimento and Oscar Castro-Neves will be on the campus of ...

Brazil’s Ex-President Cardoso to Chair Unctad’s Panel

The former Brazilian President Fernando Henrique Cardoso is going to chair a Panel of ...

Dengue Kills Two in Rio, Brazil. Epidemic Is Feared.

While preparing for Carnaval celebrations health officials confirmed two people have died in the ...

What Brazil Needs Are Real Jobs

The director of the International Labor Organization (ILO) in Brazil, Armand Pereira, affirmed that ...

Despite Vote-Buying Scandal Fitch Sees Stable Outlook for Brazil

Fitch Ratings, the international rating agency, has today affirmed the sovereign ratings for Brazil ...

Monsanto Has Brazil in Their Hands

The Brazilian population was surprised last April with the speed that Congress voted to ...

Boosting Consumption Won’t Work for Brazil This Time, Says Expert

For the professor of the Economics School at the Getúlio Vargas Foundation (FGV) in ...