Last year, the Brazilian government announced its intention to once again exploit its national uranium reserves, including private players in the mix. Mines and Energy Minister Bento Albuquerque also pledged to turn to public-private partnerships to continue the construction of the notorious Angra 3 nuclear plant, which has now sat unfinished for 36 years.
Work on Angra 3 began in 1984 and there is still no indication when it will be concluded. Since the military dictatorship launched the project it has suffered from many delays, caused by factors ranging from the Chernobyl disaster, a massive currency crisis in the...