Word: uranium
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...Brasilia agreement. Over the next 15 years, Brazil will pay from $4 billion to $8 billion for a "full cycle" nuclear complex, giving it all the facilities needed to assemble an atomic power industry completely independent of foreign supplies. The package includes up to eight nuclear power reactors, a uranium enrichment plant, a fuel-rod fabrication plant and a fuel-reprocessing facility...
...commercial transaction, this may well be the atom deal of the century, as many West German businessmen boast. But it has ominous implications for international stability. Endowed with plentiful uranium and thorium deposits, Brazil could use the enrichment plant not only to obtain a concentration of radioactive isotopes sufficient to fuel a nuclear power station, but also to produce the higher concentrations required for bombs...
...full cycle complex had never been sold to any nonnuclear nation, West Germany would be setting a dangerous precedent that could only increase the chance of nuclear proliferation. So far, only the U.S., the Soviet Union, China, France and Britain possess the costly, complicated plants to produce enriched uranium. All other nations must come to these powers for nuclear fuel for reactors. Washington pointed out that U.S. firms are strictly prohibited from selling enrichment plants abroad; Brazil, in fact, would like to have bought the full cycle from U.S. manufacturers but was unable to because...
...other hand, Washington is quite willing to sell enriched uranium to nations that can use it properly. Last week President Ford proposed that private industry, and not just the U.S. Government, should be allowed to produce and sell enriched uranium round the world. To head off critics who worry about the weakening of controls over nuclear materials, Ford insisted, in his message to Congress, that "all necessary controls and safeguards will be maintained in all arrangements with private firms...
Ever since the beginning of the nuclear age, the U.S. Government has had a monopoly on the domestic manufacture of basic atomic fuel: enriched uranium.* But the Government's three enrichment plants at Oak Ridge, Tenn., Paducah, Ky., and Portsmouth, Ohio, cannot keep pace with the demands of proliferating nuclear power plants; the output of enriched uranium has been booked for the next 25 years. If the U.S. is not to lose the lion's share of the lucrative nuclear-fuel market to foreign newcomers-the U.S.S.R., France and others-the Federal Government must either build at least...