URENCO
www.urenco.com

PROVIDING SAFE, COST-EFFECTIVE AND RELIABLE URANIUM ENRICHMENT SERVICES

URENCO is an independent, global energy and technology group with production from plants in Germany, The Netherlands and the United Kingdom. Urenco is currently building its fourth site in New Mexico, USA. We provide value added services and technology to the nuclear industry worldwide.

Enriching the future

The enrichment services that we supply to nuclear power utilities across the globe are used to produce a safe, efficient, clean and reliable source of electricity. Providing sustainable energy is a service that meets the needs of the future without compromising the ability of future generations to meet their own needs. Urenco believes that nuclear power is the number one commercial choice in sustainable energy supply. With a seriously impressive workforce and outstanding technology, Urenco is ideally placed to support the nuclear industry by providing our customers with secured supplies at predictable prices. Our engineering skills have already earned us recognition as the global leader in centrifuge technology. Urenco considers nuclear to be the sustainable solution to the world’s ever increasing energy requirements.

Profile

Focus is on providing safe, cost effective and reliable uranium enrichment services for civil power generation within a framework of high environmental, social and corporate responsibility standards. Our goal is to further increase worldwide market share while maintaining high profitability and to become the leading supplier in the extended global enrichment market. Urenco’s fourth enrichment plant is currently being built in the US and in 2006 a Joint Venture was completed to allow the installation of Urenco’s world leading centrifuge technology in France.

Operations

The Company is organised around two distinct principal business activities:

Urenco Enrichment Company (UEC) is responsible for operating centrifuge enrichment plants and marketing the enriched uranium to nuclear utilities worldwide. Urenco supplies its customers from plants in Germany, The Netherlands and the United Kingdom and shortly from the new enrichment plant, the National Enrichment Facility (NEF) in the United States.

Enrichment Technology Company (ETC) owns the world leading centrifuge technology which has consistently proved to be the most efficient in the market. ETC provides enrichment capacity to UEC, Areva, the French nuclear Group and the National Enrichment Facility in the United States.

Strategically placed

Urenco operates in a pivotal area of the nuclear fuel supply chain. Nuclear generation of electricity around the world is reliant on our services. With its industry leading centrifuge technology and around 20% global market share in enrichment services, Urenco is firmly positioned in the highest added value segment of the fuel supply chain. Nuclear power is increasingly seen as the number one commercial choice for a sustainable energy supply, free from the uncertainty and inherent environmental dangers of the diminishing fossil based fuel alternatives.

Corporate responsibility and social performance

Nuclear energy is a carbon free energy source and with its strict safety policies, Urenco is proud to be a participant in this sustainable and environmentally friendly part of the energy sector. Urenco recognises that the environment must be protected and goes beyond its formal obligations to ensure that its impact on its surroundings is a positive one. We also appreciate the importance of being a good corporate citizen and work hard to build and maintain good relationships with the communities in which we operate. Our aim is to be a valued asset, providing a positive impact by setting and achieving high standards of conduct and performance: “Enriching the future” embodies Urenco’s objectives for employees, shareholders, customers and other stakeholders in social, environmental and commercial terms.

For further information, visit: www.urenco.com