One of 🇫🇷's most strategic projects has just begun in the Rhône valley:
Orano is investing €1.7 billion to expand its uranium enrichment plant.
Once extended, the plant will produce enough uranium to supply 120 million homes with electricity.
The aim: to produce more enriched uranium to supply nuclear power plants 🇫🇷, 🇪🇺 & 🇺🇸 and no longer rely on external supplies, particularly from 🇷🇺.
Enrichment is a crucial stage in the nuclear fuel cycle: it increases the proportion of fissile isotopes in uranium, making it suitable for use in nuclear power plants.
Currently, 4 major producers share the global enrichment market:
- 2 Western enrichers (Urenco and Orano),
- 1 Russian enricher (Rosatom)
- and 1 Chinese enricher (CNNC).
The Russian and Chinese markets are closed to Western suppliers. Worldwide, Urenco has 31% of production capacity, Orano 12% and Rosatom 43%.
The planned investment will increase the capacity of Orano's Tricastin enrichment plant (which already produces 12% of the world's enriched uranium) by a third. The plant not only supplies EDF, but also foreign markets such as the nuclear power plants of 🇰🇷.
In all, the plant will cover an area of 100,000 m2. Commissioning is scheduled for 2028.
With its recent investments in uranium mining, enrichment and spent fuel recycling, Orano is a crucial player in the revival of the nuclear industry 🇫🇷.
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Sources :
- Dossier de concertation - Projet d’extension de l’usine d’enrichissement d’uranium Georges Besse 2
- RGN - Vinci construction en charge du chantier de l’extension de l’usine Georges Besse II d’Orano