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British Nuclear Plans Suffer Blow as Chinese Investors Pull Out

IN THIS ISSUE: British nuclear plans suffer blow as Chinese investors pull out, the New START data exchange trend lines, Prithvi-II ballistic missile test-fired, Y-12 uranium project's safety issues force redesign,'US missile guidelines should be abolished,' US could fall behind on W-76 warhead updates.

Published on October 4, 2012
 

British Nuclear Plans Suffer Blow as Chinese Investors Pull Out

Terry Macalister and Adam Vaughan | Guardian

Power plant

The government's nuclear energy plans were in trouble as Chinese investors withdrew interest in two projects and local councils postponed a decision on storing atomic waste. Areva, the French nuclear engineering group, confirmed that it had pulled out of the running to buy a stake in Horizon Nuclear Power.

"Areva and CGNPC have suspended their interest in the planned sale of Horizon Nuclear Power and did not submit a bid," an Areva spokeswoman said, adding that the company was still committed to new nuclear in the UK through other avenues.  Full Article



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