Government to flog uranium firm Urenco

The Government is planning to flog some or all of its share of the uranium company Urenco, it announced yesterday. Urenco enriches uranium which is used for fuel in nuclear power stations around the world. It has around 50 customers across 18 countries which makes up roughly 31% of the global market share. Any cash […]

UAE awards $3bn for nuclear fuel supply

The UAE has awarded $3billion (£1.9billion) to six foreign firms to supply fuel for the Arab state’s first nuclear power plant. The Barakah plant, located west of Abu Dhabi, is expected to have fuel supply covered for the first 15 years of its operation. The UAE’s nuclear regulator granted the Emirates Nuclear Energy Corporation (ENEC) […]