The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

British uranium group insists ! Japan must restart nuclear reactors

exclamation-flag-UKUranium firm warns Japan it must return to nuclear power
The Times, Tim Webb
 March 29 2013
A uranium enrichment group, part owned by the British Government, has warned that Japan’s decision to shut nuclear power stations will reduce demand for its services.  (subscribers only resist adding these links 🙂 for further reading!

UK and Canada try to revive UK nuclear! Privatising nuclear fuel production!

….Bidders are lining up for for Urenco’s privatisation, which could put £4bn in the UK chancellor’s coffers….

…The newspaper said that Areva was holding talks with private equity firms including Apax and CVC, regarding a possible joint offer for Urenco, and that Morgan Stanley had been appointed to handle the sale, with a float also a possibility….

Russian protests against Areva and Urenco’s nuclear waste dumping

Areva and its counterpart Urenco, headquartered in Britain, have sent close to 140,000 tonnes of nuclear waste to Russia in the past 15 years.

DEPLETED URANIUM IN RUSSIA Protests as French uranium arrives in Russia Javno 2 Feb 2010 A cargo loaded with depleted uranium from France docked in Saint Petersburg, as Russian activists protested at the nuclear waste exports.

UK to sell out of nuclear power company URENCO

Nuclear sale set to net billions for UK  The Government is holding a “beauty parade” for bankers to advise it over a potential sale of the UK’s multi billion-pound stake in nuclear power giant Urenco. Telegraph UK,  By Emma Rowley, Rowena Mason, and Helia Ebrahimi  15 Jul 2012
The move marks a step towards a deal that could net British taxpayers
as much as £3bn, according to estimates that value the entire company
at £8bn-£10bn.

UK – Areva, Toshiba eye nuclear fuel producer Urenco – sources

“…A financial markets source close to the discussions said that private equity houses KKR (KKR.N) and CVC were also interested in striking a deal for Urenco…”

By Karolin Schaps and Christoph Steitz

LONDON/BERLIN | Mon Jan 21, 2013 6:37pm GMT

(Reuters) – France‘s Areva (AREVA.PA) and Japan’s Toshiba Corp (6502.T) are considering bids for nuclear fuel producer Urenco, but British, German and Dutch authorities disagree over what to do with the ultra-secret firm, industry sources said.

Britain is keen to sell its 33 percent stake, and German utilities RWE (RWEG.DE) and E.ON (EONGn.DE) are talking to potential buyers over their combined 33 percent, but the Dutch government is not considering a sale.

Investors trying to boost price shares?  soon to sell maybe?? 🙂  – Arclight2011



April 3, 2013 - Posted by | business and costs, UK, Uranium

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: