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Reuters reported Areva (EPA:AREVA) says it will continue with its strategy to work under partnerships in the mining sector rather than opening up the company to outside investors.
Reuters reported Areva (EPA:AREVA) says it will continue with its strategy to work under partnerships in the mining sector rather than opening up the company to outside investors.
As quoted in the market news:
Last month Areva announced a partnership with EDF whereby the French utility will take a stake in the specific development of Areva’s Imouraren uranium mine in Niger in return for a share in future production.
Areva already supplies EDF, the world’s biggest producer of nuclear power, with nearly 40 percent of its annual uranium needs.