Business · Companies · 7 hrs ago

Orano steps up French nuclear investments and plans 1,700 hires

Orano steps up French nuclear investments and plans 1,700 hires

Orano is expanding its nuclear business with investments in France and plans to hire 1,700 people this year.

The French group is increasing uranium-enrichment capacity at Tricastin and renewing used-fuel recycling facilities at La Hague.

It is also studying a plant project in Tennessee, supported by a US subsidy of $900 million.

Orano chief executive Nicolas Maes says nuclear power can help fight climate change and support France’s energy independence.

He says uranium is imported, but processed in French plants, and that less than €5 of a €300 electricity bill reflects the cost of uranium.

Orano plans to recruit people from vocational-school graduates to engineers, including workers changing careers, and has proposed a 4.5% pay rise.

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Nicolas MaesOrano chief executive
Le nucléaire est un élément clé pour la lutte contre le réchauffement climatique
via franceinfo
Sur une facture de 300 euros, moins de 5 euros correspondent au prix de l'uranium
via franceinfo
Nous recevons en ce moment un CV toutes les deux minutes, jour et nuit
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