Chinese National Nuclear Corporation and New AREVA forayed into an agreement for the Chinese commercial used fuel treatment- recycling project. The agreement permits reinstitution of their perseverance to negotiate the contract at the earliest before its launch in 2018 therefore acknowledging the improvement marked during the past few months.
The Chinese treatment- recycling plant of 800 tons capacity known for its technological finesse, superior standards of safety witnessing efficient and peak performance.
Philippe Knoche, Chief Executive Officer of New AREVA, commented: “CNNC and New AREVA have stepped up their efforts to reach agreement on the contract and we are seeing today very positive results. I am looking forward to finalizing the negotiations soon, and starting the implementation of this landmark project with our partner CNNC in 2018.”