The LoI is part of an earlier industrial and technological partnership between
Areva and CNNC which commenced in 2010.
Areva and Urenco signed a protocol agreement in October 2002 followed by a formal agreement on November 24, 2003, before embarking on the long process of obtaining clearance from competition authorities starting with the notification to Brussels in April, 2004.
According to
AREVA, it will be fully involved in the Hinkley Point C project along with EDF, UK and French industry and Chinese partners.
Canberraa[euro](tm)s priority continues to be the pursuit of previously-established development goals,
Areva added.
site operates within strict safety rules which are absolutely not put into question," an
Areva spokeswoman said.
The French state, by way of the APE, is the majority shareholder in
Areva TA with 50.32% of the capital, while the CEA, DCNS and EDF respectively hold stakes of 20.32%, 20.32% and 9.03%.
MHI and
AREVA have a robust track record of cooperation through the years.
RadioMedix, a United States-based biotechnology company, has signed a contract with
Areva Med, an
AREVA subsidiary specialising in the development of innovative new therapies to fight cancer.