EDF and Areva Agree to Uranium Supply Deal

Resource Investing News

Reuters reported EDF and Areva (EPA:AREVA) have agreed to a uranium supply deal covering 20,000 tonnes between 2014 and 2030.

Reuters reported EDF and Areva (EPA:AREVA) have agreed to a uranium supply deal covering 20,000 tonnes between 2014 and 2030.

As quoted in the market news:

The deal between the two state-owned companies extends the supply contract from Areva’s existing mines and opens up the possibility of EDF part-funding the development of a new mining project in exchange for a share of its future production.

Click here to read the full Reuters report.

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