Under the agreement, the team will support the future operation of the French nuclear fleet by providing studies and fuel fabrication for EDF’s nuclear reactors in France.
The deal assures the delivery of several thousands of tons of fuel, thereby securing a huge portion of EDF’s requirements.
In addition, it also provides Areva with clear visibility of the workload for its fuel fabrication plants.
Areva executive board chairman Luc Oursel said: "This major agreement testifies to EDF’s confidence in AREVA’s engineering and industrial capacities. It illustrates the desire of the two groups to cooperate for the long term in the area of nuclear fuel."
Areva and EDF will also reinforce their technical cooperation to develop new products to improve performance of the French nuclear fleet, as part of the agreement.
