Orano SA - Company Profile
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Business Description
Orano SA (Orano) provides power generation services. It also offers nuclear energy production and fuel cycle, waste management, recycling, decommissioning, mining, radiological protection, maintenance, and logistics services. The company operates through three reportable business segments: Back End, Mining, and Front End. The company reported corporate, other operations and eliminations of EUR21 million in FY2022.
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R&D Overview
Orano focuses on research and development (R&D) for the development of new projects. The company’s major R&D programs include development of new drilling technology for highly localized uranium deposits; startup support and operations optimization for conversion plants; development of new shipping casks for waste and nuclear materials; development of radionuclides for alpha-therapy medical applications; development of methods and tools to support dismantling operations; and recycling-processing, uphold and improve the performance of the existing plants and collection of waste in automotive lithium batteries, construction of a road map to recycle plutonium in pressurized water reactors and the introduction of R&D program to identify a new process for production of MOX fuel and its qualification in a reactor. In FY2022, the company spent EUR126 million on its R&D activities, which as a percentage of revenue accounted for 2.9% of the revenue. As of FY2022, the company had 13 registered patents.
Business Segments
Overview
- Mining activities include exploration, mining projects such as studies and construction of mines, extraction of natural uranium, chemical concentration into U3O8 and the redevelopment of sites after operation.
Performance
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Overview
- Comprises spent fuel recycling, nuclear logistics, dismantling and services and engineering activities. - Key recycling business includes processes to recycle used fuel into fresh fuel and to package final waste in standardized containers in a safe and stable manner. - Key nuclear logistics services include cask design and manufacturing, and transportation of waste and nuclear materials. - Key dismantling and services include dismantling of nuclear facilities throughout the value chain; waste management operations and services to nuclear operators. - Views contracts and agreements are the critical growth drivers of the segment. In line with this approach, in November 2018, the company received a maintenance contract, for hoisting equipment at the Saclay site. In 2018, the company secured contracts in the field of dry storage of used fuel with US customers, including OPPD.
Performance
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Overview
- Its business activities include conversion of natural uranium into uranium hexafluoride; and enrichment of uranium hexafluoride by centrifugation. - Views expansions as critical growth driver for the segment.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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