Russia, Brazil to start joint uranium mining, fertilizer production
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Brazilian President Lula da Silva will visit Russia to discuss expanding energy cooperation, including LNG infrastructure projects, uranium exploration, and fertilizer production. on.
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Brazil's former President Luiz Inacio Lula da Silva, who is running for reelection, smiles during a press conference in Sao Paulo, Brazil, on October 23, 2022. (AP Photo/Andre Penner, File)
Brazilian President Luiz Inacio Lula da Silva is set to visit Russia on May 8 with a strategic agenda aimed at expanding Brazil-Russia energy cooperation.
According to Brazilian media outlet Exame, the visit will focus on securing Russian investments in liquefied natural gas (LNG) infrastructure, uranium exploration, and fertilizer production.
During the Lula da Silva visit to Russia, Brazil intends to propose a range of bilateral agreements targeting key industrial sectors. Among the priorities is the development of infrastructure for LNG production and thermal power generation.
The Brazilian delegation is expected to sign agreements with Novatek, Russia’s largest independent natural gas producer, to explore opportunities in LNG infrastructure within Brazil.
These deals aim to boost Russia's LNG investment in Brazil, particularly in projects focused on energy generation and the expansion of Brazil’s natural gas capabilities.
Brazil, Russia to cooperate on Uranium exploration
One of the major components of the visit involves discussions around a Brazilian uranium exploration deal. Lula's delegation is set to propose the formation of a joint venture for uranium mining and development.
The agreement is expected to be signed between Tenex, a subsidiary of Rosatom officially named Techsnabexport, and the Brazilian state-run company Nucleo Brasil. The proposed collaboration could strengthen Brazil’s domestic capabilities in nuclear energy and resource extraction, reinforcing long-term energy security.
The two countries are also preparing to sign agreements on Brazil-Russia fertilizer production, including plans to establish joint enterprises in Brazil. These ventures would support domestic agricultural demand and reduce dependence on third-party imports.
Further talks are planned to expand cooperation in mining and energy, signaling broader interest from both sides in resource development and technological collaboration.
It is worth noting that the administration of Brazilian President Luiz Inacio Lula da Silva has expressed its interest in playing a mediating role in efforts to resolve the ongoing war in Ukraine, citing the lack of progress in US-led initiatives on Tuesday.
According to sources quoted by the O Globo newspaper, Brazil believes that Washington has failed to deliver on its promises to bring the conflict to an end, prompting Brasilia to step forward diplomatically.
