Mitsubishi Heavy, Japan Nuclear Fuel to invest in France’s Areva
Mitsubishi Heavy Industries Ltd. is reportedly making final arrangements to invest tens of billions of yen in French atomic energy company Areva jointly with Japan Nuclear Fuel Ltd.
Mitsubishi Heavy Industries Ltd. and Japan Nuclear Fuel Ltd. are making final arrangements to invest tens of billions of yen in atomic energy company Areva, which is being bailed out by the French government, sources close to the matter said Thursday.
Through the investment, the heavy machinery manufacturer and the spent-fuel reprocessing firm hope to improve technical cooperation with Areva on decommissioning reactors and reprocessing nuclear fuel.
Areva has been reeling from weak global demand since the 2011 Fukushima disaster triggered a slump in the nuclear power industry.
Areva is being bailed out by the French government, which has been asking Mitsubishi Heavy to invest since last year.
MHI President Shunichi Miyanaga had said that investing in Areva, which has expertise in decommissioning procedures and fuel reprocessing, would benefit Japan as it faces the prospect of decommissioning more aging nuclear reactors amid high public concern over nuclear safety.
A major Chinese nuclear power company is also considering investing in the state-owned group.
Mitsubishi Heavy is also planning to invest in Areva’s plant-building arm in hopes of winning orders to build nuclear power plants in emerging economies where demand is growing.
The heavy machinery maker and Areva are already involved in a joint venture to develop nuclear plants with advanced reactors.
1.This Month
Zoom webinar – “Nuclear Winter: The Environmental Consequences of a Nuclear Exchange.”
April 7th at 11:30 am PST / 2:30 pm EST
“Nuclear Winter: The Environmental Consequences of a Nuclear Exchange”
Join us for an informative webinar with renowned atmospheric scientist, Professor Brian Toon, as he discusses the environmental risks and global impacts of a nuclear war. Despite the potential damage caused by the blast from even small nuclear weapons, many countries continue to invest in and expand nuclear arsenals. Professor Toon will provide a scientific assessment of civilian fatalities, agricultural failures, climate concerns, and complications with food supply that would follow any international nuclear conflict. We need to plan how to prevent nuclear conflict and avoid catastrophe. Politicians and military planners must be made aware of global climate and agricultural complications that would ensue. Don’t miss this opportunity to learn from, and engage in, this vital conversation
EVENTS.
-
Archives
- April 2023 (12)
- March 2023 (308)
- February 2023 (379)
- January 2023 (388)
- December 2022 (277)
- November 2022 (335)
- October 2022 (363)
- September 2022 (259)
- August 2022 (367)
- July 2022 (368)
- June 2022 (277)
- May 2022 (375)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Fuk 2022
- Fuk 2023
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
nuclear-news 