KEPCO Partners with Areva in Uranium Mining The Chosun Ilbo (English Edition): Daily News from Korea 8 Feb 2010 KEPCO has joined hands with France’s Areva SA to develop uranium mines around the world. The Korean power monopoly said Sunday that it signed an agreement on Thursday with Areva for the joint development project.
Areva, the world’s fourth largest uranium producer and nuclear plant constructor, last year competed with KEPCO to win a nuclear power plant order from the UAE.
The new agreement allows KEPCO to participate in developing overseas uranium mines. Areva owns six uranium mines worldwide, which last year produced a combined 6,500 tons of the material used to fuel nuclear power plants.