Urenco, the Anglo-German-Dutch provider of uranium enrichment services, has signed a new contract for the long-term supply of enrichment services with the operator of South Korea’s nuclear power plants.
The company said in a statement that the agreement with Korea Hydro & Nuclear Power company (KHNP) would help to provide a “secure, diverse and reliable supply” of nuclear fuel to South Korea, which has 26 nuclear plants in commercial operation and two under construction.
“The agreement with the KHNP, with whom Urenco has worked since 1993, will see us remain a major supplier for them well into the next decade,” Urenco said.