Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, July 9, 2012

Areva remains dedicated to Idaho uranium enrichment project

Areva remains dedicated to Idaho uranium enrichment project

France's Areva says it remains dedicated to building a uranium enrichment facility in Idaho, though it is still searching for a financial partner for the $3 billion venture. Financial challenges prompted Areva to delay the project's development until 2013, from an earlier 2011 schedule. "We've worked with our utility customers and negotiated agreements that satisfy what their needs are, based on our strategy with moving this project forward," said Mike French, a company spokesman. R&D Magazine online/The Associated Press

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