Uranium: Record Production in 2012 for AREVA

Mon Feb 18, 2013 3:40am EST

* Reuters is not responsible for the content in this press release.


PARIS--(Business Wire)--
Regulatory News: 

With 9,760* tons of uranium produced in 2012, AREVA (Paris:AREVA) set its
production record and remains the second largest producer in the world. 

AREVA`s mining sites in Kazakhstan and Niger beat their all-time highs for the
second consecutive year: KATCO with 3,661 tU (53 tU more than in 2011), and
SOMAIR with 3,065 tU (339 tU more than in 2011). 

The other Nigerien mine, COMINAK, also turned in an outstanding performance,
with 512 tU as AREVA`s share and a total of 1,506 tU. The McArthur-Key Lake
teams produced 2,270 tU as AREVA`s share, 108 tons more than initially targeted.
The Trekkopje site (Namibia) produced 251 tons. 

For Olivier Wantz, Senior Executive Vice President, Mining activities and Member
of the AREVA Executive Board: "It is a remarkable collective performance. We are
in line with the production objectives of the ACTION 2016 strategic action plan.
One more sign that AREVA respects its commitments and is on the way of a
reconstructive path". 

* AREVA`s share consolidated financially 


AREVA supplies solutions for power generation with less carbon. Its expertise
and unwavering insistence on safety, security, transparency and ethics are
setting the standard, and its responsible development is anchored in a process
of continuous improvement.
Ranked first in the global nuclear power industry, AREVA`s unique integrated
offering to utilities covers every stage of the fuel cycle, nuclear reactor
design and construction, and related services. The group is also expanding its
operations to renewable energies - wind, solar, bioenergies, hydrogen and
storage - to be one of the leaders in this sector worldwide.
With these two major offers, AREVA`s 48,000 employees are helping to supply ever
safer, cleaner and more economical energy to the greatest number of people. 

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