EDF in Talks With Nuclear Fuel Producers in Bid to Bypass Russia

March 28, 2024, 4:10 PM UTC

Electricite de France SA is in talks with Orano SA and Westinghouse Electric Co. over the construction of a nuclear facility in Western Europe that would help the company to bypass Russia for supplies of reprocessed fuel used in France’s power stations.

European countries and the US are seeking to reduce their reliance on Russia after President Vladimir Putin ordered his troops into Ukraine more than two years ago. However, the United Nations’ nuclear watchdog recently cautioned that there’s no quick way to loosen Russia’s grip on nuclear supply chains, as the Kremlin-controlled Rosatom Corp. is the world’s dominant supplier ...

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