The deposit - located in the interior of the state of Ceará - is the largest discovered uranium reserve in Brazil. An estimated 142,200 tonnes of uranium is inter-mixed with phosphates. The deposit has exploitable reserves of 79.5 million tonnes of ore, at grades of 11% P2O5 and 0.0998% U3O8, equating to about 8.9 million tonnes of P2O5 and 79.3 thousand tonnes of U3O8.

Argentine Government Notifies IMF of Request for New Fund Arrangement

A major grain producer and once one of the world’s wealthiest countries, Argentina fell into its ninth sovereign default in May

Alternative asset-management company Brookfield wants to invest between R$4 billion and R$4.5 billion in solar power in Brazil.

Chile's economy would shrink 6.5% in 2020

In 2017, Peru set a target of 100% rural electrification by 2021, requiring new transmission lines.

Companies operating in Brazil pumped 3.738 million b/d of oil equivalent in April

IMF Executive Board Approves Two-Year US$23.93 Billion Flexible Credit Line Arrangement for Chile

The Brazilian government has approved a BRL15.6bn (US$2.9bn) loan to support the Brazilian power sector

Enel S.p.A. (“Enel”) announces that its Chilean subsidiaries Enel Chile S.A. (“Enel Chile”) and Enel Generación Chile S.A. (“Enel Generación Chile”) have informed the market that their Boards of Directors have decided to accelerate the closure of Bocamina coal-fired power plant, located in Coronel.

The desperately needed shipments have caused a diplomatic standoff between the United States and Iran and Venezuela, which are under U.S. sanctions.

Argentina's oil-producing provinces applauded the reference price as well as an elimination of the 8% export tax when Brent is less than $45/b.

The Argentinian government plans to set a minimum oil reference price for local producers at US$45/bbl,

Rosneft entered into an agreement with a company 100%-owned by the Russian government on the sale of shares and termination of its participation in all projects in Venezuela,

Rosneft Trading and TNK Trading handled a "large percentage" of Venezuela's oil exports in 2019