“The signatures of these industrial co-operation agreements clearly demonstrate the growing interest of many countries in nuclear energy and our ambition to secure robust partnerships with local supply chains for EPR projects worldwide” utilities-me.com/news/nesma-par…
Huge news very powerful model and extremely important for the #uranium world.
“As a matter of example, the significant involvement of the British supply chain for the Hinkley Point C EPR project is a tangible result of our long-term strategy with the local industry,” he noted.
Working with local builders is so key..
Working with local builders is so key..
“We envision the same approach in any country where we promote our technologies and I look forward to seeing these cooperations materializing for the successful delivery of future EPR projects in Europe and worldwide,” he added
Hungry significantly that this is the approach. Means that nuclear facilities can and will be built much faster than most would expect. Local supply chains and local builders/developers will be flocking to partner with EDF so they can win local contracts.
Billion dollar contracts to move earth, dig, pour concrete, integrate with the grid, etc.
The new builds are just gonna keep on coming now. The #uraniumsqueeze will follow.
All these projects are going to want 10 year supply agreements and +1/3’s of them won’t get them
The new builds are just gonna keep on coming now. The #uraniumsqueeze will follow.
All these projects are going to want 10 year supply agreements and +1/3’s of them won’t get them
I can’t say enough that +10 year supply agreements are all the really matters in the long run for the uranium market. Soon the majors will be sold out on a 10 year supply agreement basis. Once this happens those with out that coverage will have no choice but to panic
The fools that will find themselves unable to secure long term contracts with reliable producers will go into pure panic mode. They will have no choice but to aggressive spot buy and likely over contract for supply due to the production risk they will be taking
They will want to spread some risk around around by contracting with several emerging producers as they will see the risk of mine permit delays, production risk, political risk, labour and supply chain delays/risk
They will also absolutely recognize the need to pay up for uranium and ensure mines are financed and profitable
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