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Brazil's Science and Technology Minister Sergio Rezende told the press on May 6 that Brasilia has launched a uranium enrichment center for fueling its power
plants. Brazil's first nuclear enrichment facility, will "save Brazil millions of dollars it now spends to enrich fuel at Urenco, the European enrichment
consortium," the minister said. Brazil's move has great industrial, geopolitical, and financial significance.
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Brazil agreed to the necessary IAEA inspection regime that would ensure their uranium enrichment programme was used solely to generate fuel for power stations, and hence there was no problem.