FRANCE'S URANIUM: 60,000 TONNES
REUTERS - French nuclear group Orano on Monday inaugurated a 1.15 billion euro (1.02 billion pounds)uranium conversion plant despite huge global overcapacity for nuclear reactor fuel.
State-owned Orano's new plant in Tricastin, southern France, will account for a quarter of the world's 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 and is set to have the industry's lowest costs, the company said.
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