Global Nuclear Fuel Awarded MOX Fuel Order for a Japanese Nuclear Power Plant.KURIHAMA, Japan -- Global Nuclear Fuel-Japan Co. Ltd. (GNF-J), a company belonging to the Global Nuclear Fuel (GNF GNF In currencies, this is the abbreviation for the Guinea Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) joint venture of GE, Toshiba and Hitachi, has been awarded a contract by Chubu Electric Power Co., Inc. (Chubu) to provide Mixed Oxide (MOX MOX Mixed Oxide (plutonium/uranium nuclear fuel) MOX Metal Oxide MOX Modified Oxford (Agar) MOX Magic Office MOX Microsoft Office Open Xml MOX Mapped Objects Xml ) fuel for the utility's Hamaoka nuclear power plant The Hamaoka Nuclear Power Plant (浜岡原子力発電所 . The MOX fuel will be supplied to Hamaoka Unit 4, a 1,137-megawatt (MW) boiling water reactor Noun 1. boiling water reactor - a nuclear reactor that uses water as a coolant and moderator; the water boils in the reactor core and the steam produced can drive a steam turbine BWR water-cooled reactor - nuclear reactor using water as a coolant . GNF-J will lead the MOX fuel design and engineering, fuel component supply, quality oversight, program management and licensing support activities for the project. GNF-J will subcontract the production of MOX fuel pellets and a part of the fuel assembly fabrication to COMMOX, a French business consortium for marketing MOX fuel that is beneficially owned by Areva NC through its Cogema subsidiary (60%) and by Belgonnucleaire (40%). "GNF is deeply honored and excited to receive this landmark order for MOX fuel from Chubu," said Jack Fuller, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GNF. "We are pleased to continue our support of the Japanese utility industry's focus on recycling fuel -- in the form of MOX fuel. We look forward to working with Chubu to obtain its Reactor Establishment Permit in order to implement the program for Hamaoka Unit 4." Chubu has applied to Japan's Ministry of Economy, Trade and Industry The Ministry of Economy, Trade and Industry (経済産業省 for a Reactor Establishment Permit to load the MOX fuel in Hamaoka Unit 4. About Global Nuclear Fuel GNF is a leading supplier of BWR fuel throughout the world and continues to work with the Japan utilities to provide design and innovation relative to uranium and MOX fuel. GNF operates Global Nuclear Fuel - Americas, LLC in Wilmington, N.C. and GNF-J in Kurihama, Japan. GNF also operates GNF ENUSA Nuclear Fuel S.A., a European nuclear fuel marketing company jointly owned with ENUSA Industrias Avanzadas S.A. of Spain. |
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