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Hanhikivi investment decision

15 April 2014

A binding decision to construct and finance the Hanhikivi nuclear power plant in Finland has been made by the shareholders of Fennovoima, including Russian state nuclear company Rosatom.

At the general meeting of Fennovoima, held today in Helsinki, Voimaosakeyhtiö SF - the Finnish majority owner of Fennovoima - and Rosatom announced their intention to build the proposed Hanhikivi plant. The plant will be built in the municipality of Pyhäjoki on Finland's western coast.

Magnox waste facility supplier chosen

16 April 2014

A facility to encapsulate legacy materials from Magnox fuel stored at the UK's Sellafield site will be built by a French-British joint venture under a contract worth up to £1.2 billion.

Fuel cycle roundup #24

16 April 2014

• Nichols Ranch in operation
• Four Mile ready to go
• Resource figures for Cebolleta
• NRC licence for Dewey-Burdock
• Texas project starts permitting

Subsidies for European nuclear fuel manufacturers

14 April 2014

Manufacturers of nuclear fuel within the European Union will be eligible for national subsidies to cope with the additional costs of using electricity generated by renewable sources in operations, according to new rules announced by Brussels.

New concept for offshore nuclear plant

16 April 2014

MIT platform power plant concept (Jake Jurewicz / MIT-NSE) 72x48A new floating nuclear power plant concept has been put forward by US university MIT based an offshore platform similar to those used by the oil industry.

€2.2 billion owed to German nuclear utilities

15 April 2014

Germany should immediately refund some €2.2 billion in nuclear fuel taxes collected from EOn and RWE, pending final decisions on the tax from either the Federal Constitutional Court or the European Court of Justice.

CB&I to decommission floating reactor

14 April 2014

Sturgis_at_James_River_(Bloodgood_US ACE)_48The USA's only floating nuclear power plant will be decommissioned by CB&I under a $34.7 million contract. The MH-1A reactor provided power to the Panama Canal zone before being shut down in 1976.

Industry Talk

Board approves Ranger restart

The board of Energy Resources of Australia (ERA) has approved plans to restart operations at the Ranger processing plant, halted since the failure of a leach tank in December 2013. Regulatory approvals will be required before the plant can restart.

Korean stator contract for Areva

Areva has been awarded a contract by Korea Hydro & Nuclear Power for the supply and replacement of six stators at units 3 and 4 of the Kori nuclear power plant. The components will be manufactured at Areva's Jeumont facility in northern France. Delivery of the stators will begin in June 2015 with installation to be completed in 2018.

CNFC eyes Western markets

China Nuclear Fuel Corp (CNFC) has engaged New York Nuclear Corp (NYNCO) to broker its uranium enrichment services to US and European nuclear utilities. CNFC, a subsidiary of China National Nuclear Corp (CNNC), has been supplying uranium enrichment services to China's nuclear program for more than 50 years and operates an enrichment plant in Lanzhou in central Gansu province.

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