Olkiluoto 3 expected online by 2013
Finland’s Olkiluoto 3 nuclear reactor is not expected to come onstream before end-2012.
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Posts Tagged ‘Areva’
USA: DoE offers US$24bn loans for uranium enrichment to support new build
The US Department of Energy has awarded a US$2bn conditional loan guarantee for a “front-end” nuclear facility in Idaho, which will provide uranium enrichment services for the nuclear power sector. The plant is to be constructed by France’s Areva.
Secretary of Energy Steven Chu in a press release said that: “”Increasing uranium enrichment in the United …
Niger to review Areva uranium agreements
Niger, the world’s sixth largest uranium producer, will review mining agreements with companies including Areva SA (CEI) to ensure they are fair to the West African country, an adviser to the new Minister of Mines and Energy Mahaman Abda said.
“The military authorities have decided to audit all the uranium and gold contracts,” advisor Mahaman …
10 companies team up to launch the European super-grid
A group of 10 European companies will today launch an ambitious plan for the creation of an electricity supergrid in the North Sea, that will connect Germany, Norway and the UK at an estimated cost of EUR34bn (US$46.42bn).
According to the Friends of the Super-grid group, which is launching the plan in London, the project …
Areva 2012 uranium output may be cut 20% on prices
Areva may cut its 2012 production target by as much as 20 per cent as a slump in uranium prices has prompted a review of projects, according to a company official.
In September, the company said it expected to produce around 12,000t of uranium in 2012 and warned expansion plans could be changed as prices could …
Areva gets Jordan uranium mining rights
Jordan has signed an agreement with France’s nuclear company Areva, giving the latter exclusive uranium mining rights in the central part of Jordan.
French Prime Minister François Fillon signed the contract with his counterpart Samir Rifai and spoke about prospects of building nuclear plants by French companies in the Gulf of Aqaba. “Our goal is to …
Cameco expects Cigar Lake to be fully secure by October
Cameco announced that it has pumped out its flooded Cigar Lake uranium mine and should have the project fully secure by October. In a statement, Cameco said it has secured the workings down to the 420m level and has now accessed the main working level at a depth of 480m. Once the mine is fully …
France’s Areva to acquire US solar company Ausra
AREVA announced on February 8, the 100 per cent acquisition of US-based Ausra, a leading provider of large-scale concentrated solar power solutions for electricity generation and industrial steam production. This acquisition launches AREVA’s new global solar energy business. It reflects AREVA’s strategic objective to be the world leader in concentrated solar power (CSP) and will …
KEPCO teams up with Areva in uranium mining
South Korea’s power monopoly KEPCO has signed an agreement with France’s Areva SA to develop uranium mines around the world. Areva owns six uranium mines overseas with a combined 2009 output of 6500t and the agreement will allow KEPCO to participate in developing them.
“KEPCO aims to secure up to 50 per cent of the nation’s …
Areva reorganises business “to capitalise on nuclear renaissance”
French nuclear reactor producer Areva has reshuffled its operations in a move to shore up its credentials as an indivisible, integrated nuclear power provider. The company said the reorganisation of its businesses is aimed at improving synergies and customer satisfaction. Under the new structure, Areva will have no longer three, but six divisions: mining, front-end, …
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