Wednesday 15 August 2012

UAE advances with US-backed nuclear plan - FT.com

The United Arab Emirates has awarded $3bn worth of contracts to provide, convert and enrich uranium, as the Gulf state pushes ahead with its US-backed plans to develop the Arab world’s first civilian nuclear program.
Abu Dhabi, the oil-rich capital, picked six companies to undertake the fuel supply work including US group ConverDyn, Canada’s Uranium One, the UK’s Urenco and Rio Tinto, Russia’s Tenex and the French energy company Areva, the Emirates Nuclear Energy Corporation said on Wednesday.

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