A cooperation agreement between the United Arab Emirates (UAE) and Australia has entered into force, clearing the way for Australia to supply uranium to fuel UAE's nuclear power program. The Australian Ministry for Trade and Investment expects the UAE will need to import around 800 tonnes of uranium per year from 2020.
Board approves Ranger restart
The board of Energy Resources of Australia (ERA) has approved plans to restart operations at the Ranger processing plant, halted since the failure of a leach tank in December 2013. Regulatory approvals will be required before the plant can restart.
Korean stator contract for Areva
Areva has been awarded a contract by Korea Hydro & Nuclear Power for the supply and replacement of six stators at units 3 and 4 of the Kori nuclear power plant. The components will be manufactured at Areva's Jeumont facility in northern France. Delivery of the stators will begin in June 2015 with installation to be completed in 2018.