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AREVA signed $300 million in U.S. uranium enrichment contracts in 2015

Press Release

January 19, 2016

CHARLOTTE, N.C., January 19, 2016 – In 2015, AREVA was awarded several long-term contracts by four U.S. utilities for uranium enrichment services totaling more than $300 million.

These contracts offer significant benefits for the American nuclear industry by providing a sustained security of supply. These agreements are also in line with AREVA's commercial strategy to develop long-term partnerships with major players in the nuclear industry.

With the largest nuclear fleet in the world, the U.S. generates nearly two-thirds of the country’s low-carbon electricity production from nuclear reactors.

Olivier Wantz, Senior Executive Vice President, Mining and Front End Business Groups said: "These contracts are recognition of AREVA’s expertise in providing enrichment services and demonstrate the company’s commitment to ensuring security of supply for its customers."

AREVA Inc. Press Office

Denise Woernle
AREVA Inc. North America
(434) 832-3848