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Rosatom will not create a joint venture with Framatome in Lingen, Germany – news from Ukraine, fuel and energy complex

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German Economy Minister Robert Habeck said that Rosatom’s application for participation in the German nuclear fuel production facility in the city of Lingen (Lower Saxony) has been withdrawn.

This is reported Reuters.

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In February 2021, the French nuclear company Framatome announced its intention to establish a joint venture with Rosatom in Lingen, where the only German nuclear fuel production plant operates. Rosatom planned to acquire a 25% stake in it.

This plant supplies cassettes for reactors in Belgium, France, Switzerland, the Netherlands, Great Britain, Spain, Sweden, Finland.

The Framatome-Rosatom joint venture was intended to inject cash into Framatome’s subsidiary Advanced Nuclear Fuels (ANF). She runs a factory in Lingen and was about to expand production.

For Rosatom and its subsidiary TVEL, this partnership would mean easier access to the European market.

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Andrey Vodyany

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