Emirates Nuclear Energy Corporation (ENEC) has awarded nuclear-service contracts valued at $3bn to six foreign companies.
Under the ENEC fuel supply programme, US-based ConverDyn will provide conversion services; Canada’s Uranium One will provide natural uranium; and URENCO, headquartered in the UK, will provide enrichment services for nuclear plants at Barakah, which is under construction in the UAE.
Mining giant Rio Tinto will provide natural uranium; Russia’s TENEX will supply uranium concentrates, conversion services and enrichment services; and France-based AREVA will provide uranium concentrates, conversion services and enrichment services for future plants starting in 2014/15.
The companies won the contracts after entering a nuclear fuel procurement competition, which was launched by ENEC in July 2011.
Continue reading at Emirates Nuclear Energy awards six service contracts for UAE plants