www.unuudur.com » Areva earned $300 million in US uranium enrichment contracts last year

Areva earned $300 million in US uranium enrichment contracts last year

[Нийтэлсэн: 10:52 20.01.2016 ]

www.mining.com

French nuclear group Areva SA (EPA:AREVA) said Tuesday it won several long-term contracts in 2015 from four US utilities for uranium enrichment services worth more than $300 million.

“These contracts are recognition of AREVA’s expertise in providing enrichment services and demonstrate the company’s commitment to ensuring security of supply for its customers,” Olivier Wantz, a senior vice president for Areva said in a statement.

The announcement comes as the company is laying off about 50 workers in Lynchburg, Virginia, a bit more than half the jobs it has cut in the US. The cutbacks are part of a workforce adjustment to meet falling demand in the struggling nuclear industry, AP reported.

In December, the company axed 22 jobs after its net income dropped $852 million in the first half of the year despite having offered staff an early-retirement incentive package.

Early last fall, the company announced that it would sell 75% of its power plant segment – which includes much of Lynchburg operation — to Electricite de France for an equity injection.

Cecilia Jamasmie



Шинээр

Mongolian Copper Corp considers international fight for Erdenet mine
[Нийтэлсэн: 03.05.2018 ]
[Эх сурвалж: ]
Copper price bears are out as first surplus in six years predicted
[Нийтэлсэн: 04.04.2018 ]
[Эх сурвалж: ]
Rio Sees $5 Billion Copper Expansion on Track Amid Probe
[Нийтэлсэн: 27.03.2018 ]
[Эх сурвалж: ]
Rio to build power plant at Oyu Tolgoi copper-gold mine in Mongolia
[Нийтэлсэн: 26.02.2018 ]
[Эх сурвалж: ]

Get Flash to see this player.