Polish mining company KGHM seeks partnership with Romania's Nuclearelectrica

Polish metal mining company KGHM is preparing a partnership with Romania's nuclear company Nuclearelectrica focused on developing small modular nuclear reactors (SMR).

"Small nuclear reactors are one of KGHM's priorities. Romania is a country that has been developing SMR projects and has been using nuclear energy for 30 years. We are initiating cooperation with Nuclearelectrica, a meeting with the Secretary of State for Energy, and a visit to the Cernavoda," said the president of the Polish company, Marcin Chludziński, local Profit.ro reported.

KGHM is a copper and silver producer with about EUR 5 bln in annual revenues.

In November, the US company NuScale, majority controlled by the Texan industrial conglomerate Fluor Corp., signed an agreement with Nuclearelectrica, the state operator of the Cernavoda nuclear power plant, under which Romania could develop the first plant based on small modular nuclear reactors in Europe.

(Photo source: Nuclearelectrica.ro)