As part of the industrial partnership on the back end of the nuclear cycle between France and China, Sun Qin, President of China National Nuclear Corporation (CNNC) and Luc Oursel, Chief Executive Officer of AREVA, signed a letter of intent on Thursday April 25, 2013 for the delivery of a treatment and recycling plant in China, a contract valued at several billion euros.
CNNC’s choice constitutes recognition of the group’s technological expertise in the back end of the cycle and the know-how developed at our sites.
In fact, the future Chinese plant would be based on the technologies developed at our reference sites of La Hague and MELOX. These technologies are backed by more than 20 years of operating experience and process improvements to make the nuclear facilities even safer and more reliable.
After five years of work and talks between the two States and with the Chinese power company, the signature of this letter of intent marks the beginning of intensive commercial negotiations with CNNC.