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Analysis: So close yet so far - China deal elusive for France's Areva

Reuters  |  SHANGHAI/PARIS 

By David Stanway and Geert De ClercqSHANGHAI/PARIS (Reuters) - A deal long sought by French company Areva to build a $12-billion nuclear waste reprocessing plant in China looks increasingly unlikely to go ahead despite a visit to Beijing by President Emmanuel Macron meant to drum up business.During Macron's state visit this week, Areva and China National Nuclear Corp (CNNC) signed a new "protocol agreement" to build the plant but, not for the first time, no definitive contract was signed. Since talks began more than a decade ago - when uranium prices were near record highs - a series of ...

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First Published: Thu, January 11 2018. 19:07 IST
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