URANIUM ENRICHMENT
October 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Commission has approved French nuclear group Areva and Anglo-German-Dutch outfit Urenco launching a joint venture where Areva acquires joint control over Urenco's Enrichment Technology Company. It develops and manufactures centrifuges for uranium enrichment. Brussels backed the deal after Areva and Urenco promised to act independently, notably over future capacity decisions.
THE EUROPEAN Commission has approved French nuclear group Areva and Anglo-German-Dutch outfit Urenco launching a joint venture where Areva acquires joint control over Urenco's Enrichment Technology Company. It develops and manufactures centrifuges for uranium enrichment. Brussels backed the deal after Areva and Urenco promised to act independently, notably over future capacity decisions.
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