Orano and Energoatom signed an agreement for the supply of enrichment services to Ukraine's NPPs

According to the press release, the contract guarantees Energoatom a reliable and diversified supply of enrichment services to provide fuel for the Ukrainian nuclear power generation fleet. «We are proud to accompany Energoatom in its development to reinforce Ukraine's energy independence. This agreement reflects our commitment to provide our customers with support and thus contribute to European energy security», said Nicolas Maes.
"Energoatom continues to strengthen Ukraine's energy security. Uranium enrichment is one of the important stages in the process of nuclear fuel production, and the agreement signed allows our state to plan a stable, bright future, relying on the operation of nuclear power plants," Petro Kotin said. He noted that given Ukraine's plans to expand nuclear capacity, Energoatom's need for uranium enrichment services will only grow in the future.
As reported, to meet growing demand from its customers, in 2023, Orano embarked on a major project to extend the production capacity of its Georges Besse 2 uranium enrichment plant in France by 30 %. This development will raise the maximum annual capacity of the plant to 11 million SWUs1 between now and the start of the next decade, thus consolidating Orano's position as a key player in the global supply of enrichment services.