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Mining and Metailurgy

Thursday
26 Mar 2026

Rosatom structure, Brazil's NBEPar to create JV for mineral extraction in Brazil

26 Mar 2026   

March 25- Uranium One Group (part of TENEX, Rosatom state corporation) and Brazil's NBEPar have signed an agreement to establish a joint venture, Nadina Minerals, TENEX said.

The company will engage in mineral extraction in Brazil, it said.

The partners plan to conduct geological exploration at promising deposits. Based on them, modern enterprises will be created for extracting and processing metals that are critical for the development of high-tech industries, TENEX said.

In recent years, Rosatom has been actively developing cooperation with Brazil in the nuclear fuel cycle sector. At the end of 2022, it reported a contract between a structure of Tekhsnabexport (a Russian exporter of nuclear materials, part of Rosatom) and Brazil's INB for supplying enriched uranium products to power the Angra nuclear power plant in 2023-2027. In addition, Rosatom has been one of the largest suppliers of isotope products for the needs of nuclear medicine in Brazil for several years.

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