PARIS--(BUSINESS WIRE)--Regulatory News:
The Orano group has signed two MOX fuel manufacturing contracts with the Japanese industrial company MHI (Mitsubishi Heavy Industries Ltd.) for a total of 64 MOX fuel assemblies.
Under these agreements, Orano will supply 40 MOX fuel assemblies for unit 3 of the Genkai nuclear power plant operated by Kyushu Electric, and 24 MOX fuel assemblies for unit 3 of the Ikata nuclear power plant operated by Shikoku Electric.
The fabrication of these MOX fuel assemblies will take place in the production workshops of the Orano Melox plant at Chusclan in France (Gard).
MOX (mix of uranium and plutonium oxides) is produced thanks to the recycling of recoverable materials contained in used fuel. To date, 44 reactors worldwide have generated electricity from MOX fuel since 1972.
The recycling of nuclear materials in MOX fuel helps to produce low-carbon energy which is controllable and available for industries and households.
Corinne Spilios, Senior Executive Vice President of Orano's Recycling Business Unit, said: “These new contracts strengthen our longstanding relationship with MHI and utility customers in Japan. We are very proud of our Japanese partners’ renewed confidence in our expertise. This choice underlines the relevance of recycling for our customers as a responsible and sustainable solution for managing their used fuel."
About Orano
As a recognized international leading operator in the field of nuclear materials, Orano delivers solutions to address present and future global energy and health challenges. Its expertise and mastery of cutting-edge technologies enable Orano to offer its customers high value-added products and services throughout the entire fuel cycle. Every day, the Orano group’s 17,500 employees draw on their skills, unwavering dedication to safety and constant quest for innovation, with the commitment to develop know-how in the transformation and control of nuclear materials, for the climate and for a healthy and resource-efficient world, now and tomorrow.
Orano, giving nuclear energy its full value.
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