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22 Oct
10:53

China’s UK nuclear reactor to boost fledgling export industry

French state-owned energy giant EDF has agreed to help China General Nuclear Power Corporation (CGN) secure a licence to build a Chinese-designed nuclear power plant in the UK. Chinese entry into the heavily-regulated UK nuclear sector marks the greatest breakthrough to date in its sudden switch to becoming a major nuclear power exporter, Kallanish notes. China’s high-strength plate and seamless pipe producers have gained from the high margins they are abl…
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