Areva, EDF Make Uranium Trade Agreement

Reuters reported Areva (EPA:AREVA) has signed contracts to supply more than 30,000 tonnes of natural uranium to power group EDF (EPA:EDF) from 2014 to 2035

As quoted in the market news:

“Areva and EDF announce the signature of two contracts which make a significant contribution to securing the long-term supply of natural uranium to EDF nuclear facilities,” the two majority-state owned companies said in a statement on Monday.

Click here to read the full Reuters report.