French state-owned nuclear fuel group Orano has agreed with China’s CNNC to do preparatory work for the sale of a nuclear fuel reprocessing plant to the Chinese company, in the latest attempt to seal a deal that has been 10 years in the making. Orano said on Monday the agreement – which runs until the end of 2018 and covers work to be carried out by Orano to prepare the sale of the recycling plant – was confirmed during a visit by French Prime Minister Edouard Philippe to China. An Orano spokeswoman said the work would cost the French company about 20 million euros ($23.4 million) and cover in particular project management and quality control paperwork. She added talks about the plant were continuing, with the price being one of the remaining issues to be agreed.
Reuters 25th June 2018 read more »
China National Nuclear Corporation subsidiary CNLA and Orano Projects, a subsidiary of French nuclear company Orano, have agreed on preparatory works for a Chinese plant to process and recycle used nuclear fuel, Orano announced today. Orano is also reported to be planning investments in its French uranium conversion facility.
World Nuclear News 25th June 2018 read more »