Jordan: AREVA and JAEC to Form Mining Partnership

PARIS--(BUSINESS WIRE)--Regulatory News:

AREVA (Paris:CEI):

The state visit to France by His Majesty King Abdullah II of Jordan was the backdrop for today’s signing by AREVA and the Jordan Atomic Energy Commission (JAEC) of a memorandum of understanding in the mining business, providing for their creation of a joint venture for the exploration of uranium resources in the Central Jordan province.

A mining convention will be drawn up for the exploration and exploitation stages of the project.

The AREVA group was delighted with the transparency and openness with which Jordan launched its process to set up a national nuclear power program, providing all nuclear safety and non-proliferation safeguards. These conditions will enable AREVA to offer its expertise as an end-to-end stakeholder in the nuclear cycle, to make Jordan’s program a success.

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With manufacturing facilities in 43 countries and a sales network in more than 100 countries, AREVA offers customers reliable technological solutions for CO₂-free power generation and electricity transmission and distribution. We are the world leader in nuclear power and the only company to cover all industrial activities in this field. Our 71.000 employees are committed to continuous improvement on a daily basis, making sustainable development the focal point of the group’s industrial strategy. AREVA’s businesses help meet the 21st century’s greatest challenges: making energy available to all, protecting the planet, and acting responsibly towards future generations. www.areva.com