China is still actively promoting a nuclear fuel processing project with France’s Areva, the head of its nuclear safety watchdog said at a briefing on Tuesday, where he also criticized a U.S. blacklisting of Chinese nuclear firms. Commercial negotiations on the Areva project are “almost concluded,” Liu Hua, the head of the National Nuclear Safety Administration and vice minister of ecology and environment, said at the briefing to introduce China’s first white paper on nuclear safety. “In addition to commercial negotiation, what is going on is that the two countries are harmonizing safety standards … and stepping up regulation cooperation,” he added. “So on this particular project as far as I know it is proceeding smoothly. It is underway and I believe that soon … there will be progress,” Liu said. A formal go-ahead for the reprocessing plant would be a major boost for Areva, which has been discussing the project, valued at some $12 billion, for more than a decade.
Reuters 3rd Sept 2019 read more »