4/9/08

Napoleon would be proud


Areva Consortium Wins Key U.K. Waste Management Contract
The French nuclear group Areva and two of its partners have won a five-year contract to manage a storage site for low-level radioactive waste in the United Kingdom and to create a national strategy for radioactive waste management.

The contract, worth 160 million euros, is the first that the U.K.'s Nuclear Decommissioning Authority has awarded since it was created in 2005.

The Areva consortium is led by U.S. engineering group URS and includes Swedish nuclear waste company Studsvik and the U.K.'s Serco Assurances.