The decision of France’s AREVA to take a €400mn charge on its Finnish nuclear reactor project, combined with a planned French nuclear plant shutdown is hurting AREVA’s bottom line.
Author : Dorothy Kosich
After state-owned AREVA, the world’s largest uranium miner, announced last week it would take a 400 million euros (US$491mn) charge due to cost overruns at its Finnish nuclear plant project, Standard & Poor’s Monday downgraded the company to a ‘BBB+’ rating, citing continued (...)
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