AREVA signs huge uranium supply deals with EDF

25 September 2012

AREVA will supply over 30,000 tonnes of natural uranium to EDF between 2014 and 2035, under two new agreements, announced 24 September. AREVA said that this will be one of the largest deliveries of uranium it has ever carried out. The value of the contracts was not disclosed.

The two companies agreed the principles of the long-term uranium supply agreement in February 2012, but anticipated deliveries of 20,000 tU over a slightly shorter period: 2014 to 2030.

Luc Oursel, CEO of AREVA, declared: “these contracts are further proof of the trust which EDF, our leading customer and partner, places in our range of competitive and long-term solutions, enabling them to ensure its supplies are secure.”

Henri Proglio, Chairman and CEO of EDF, stated: “these agreements are part of the implementation of the strategic partnership established with AREVA at the start of the year. They represent an essential contribution to the EDF Group's security of supply and demonstrate the unity of the French nuclear sector."




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