LYCOS RETRIEVER 
Brazil: Investments
built 632 days ago
Systematic prospecting and exploration of radioactive minerals in Brazil began in 1952. The exploration was accelerated by the availability of funds for this purpose from 1970 onwards. There was active exploration and many occurrences were identified through the use of geological, geophysical and geochemical surveys, and related research. From 1974 to 1991 the total amount spent in uranium exploration was equivalent to US$ 150 million. With changes in nuclear policies and, consequently, uranium requirements, investments fell sharply. Since 1991, all uranium prospecting has stopped.
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![[Country Map]](http://retrieverimages.lycos.com/images/b/r/a/brazil/i/057.jpg)
In 2001, Brazil experienced an electricity crisis due to inadequate rainfall for its hydroelectric system and insufficient new investment in the sector. Mandatory rationing and price hikes were sufficient to prevent blackouts. The rationing system officially ended on March 1, 2002. Lula’s then-Energy Minister unveiled an energy plan in July 2003, which left many vital details undefined and most investors dissatisfied.
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Beachfront Brazil offers their investors a medium to long term investment that will outlive most others in your portfolio. The investment is secure and you as the investor can be sure of excellent returns when you turn you investment over.
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