nuclear-news

Troubled nuclear corporation AREVA wooing Japanese company Mitsubishi

French PM Valls discusses nuclear, China, culture on Japan visit, 2 Oct 15 Reuters/Toru Hanai/Files
By RFI  French Prime Minister Manuel Valls met Japanese PM Shinzo Abe on Saturday during a three-day visit to the country that is Asia’s biggest investor in France. The Mitsubishi conglomerate could buy into troubled French nuclear power company, Areva, he said as his trip started……..

Nuclear power – French nuclear giant Areva is in trouble and its reactor branch is currently being bought by the EDF power company. Valls indicated that he was not opposed to Mitsubishi Heavy Industries investing in the branch in an interview with Asahi Shimbun newspaper and sources travelling with him said it could invest in Areva’s other activities, uranium mining for example. While 47 Japanese nuclear reactors remain closed following the Fukushima disaster, one reopened in August and another should be soon. Japan’s nuclear industry has always been an important client for Areva and EDF……http://www.english.rfi.fr/asia-pacific/20151003-french-pm-valls-discusses-nuclear-china-culture-japan-visit

October 5, 2015 - Posted by Christina Macpherson | business and costs, politics international