Financial Times FT.com

China seals $12bn deal for Areva uranium

By Jamil Anderlini in Beijing

Published: November 26 2007 22:47 | Last updated: November 26 2007 22:47

China’s global quest to secure uranium supplies received a boost on Monday when Areva, the French nuclear company, agreed to supply African uranium for at least the next 14 years.

Areva will also build, operate and supply two nuclear reactors in the southern province of Guangdong.

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