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Brazil's uranium imports from Russia hit highest since 1997 in July, reaching $84.5 million in a single month, a 168-fold surge month-on-month

Brazil's uranium imports from Russia hit highest since 1997 in July, reaching $84.5 million in a single month, a 168-fold surge month-on-month

Brazil's uranium imports from Russia in July this year reached $84.5 million, equivalent to approximately 430 million reais, the highest level since 1997. Compared with the import value of only $504,000 in June, the single-month increase was as high as 168-fold, indicating that this transaction was not a general monthly fluctuation but a concentrated procurement of exceptionally large scale. Looking at historical data, Brazil's uranium imports have typically remained at the level of hundreds of thousands of dollars per month, and even previous periodic peaks were far below the scale seen in July. Materials show that there was an import peak exceeding $1 million in August 2025, but it still pales in comparison with this $84.5 million figure. This means that the July data not only changes...

2026-08-12

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