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ORANO Company Links

(last updated 24 Oct 2024)

ORANO

(formerly Areva, Cogéma - Compagnie Générale des Matières Nucléaires)

Shareholders

(as of Oct. 24, 2024)

French State (90.33%)
Japan Nuclear Fuel Limited (JNFL) (4.83%)
Mitsubishi Heavy Industries, Ltd. (MHI) (4.83%)

Areva changes name to Orano: On Jan. 23, 2018, Areva changed its name to Orano.

Mitsubishi reaches general agreement on terms for investing in Areva: On February 3, 2017, Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has reached a general agreement on the terms for making a minority stake investment in a new company (NewCo) to be established by the AREVA Group of France. Ultimately it has been agreed that MHI will acquire a 5 percent equity stake at an outlay of approximately 250 million euros.

Mitsubishi Heavy Industries, Ltd. and Japan Nuclear Fuel Ltd. to acquire stake in Areva?: Mitsubishi Heavy Industries, Ltd. and Japan Nuclear Fuel Ltd. are making final coordination to take a stake in financially strapped French nuclear giant Areva SA, it has been learned. According to sources, the two Japanese companies will invest a total of tens of billions of yen in Areva by January 2017 to assist the company's reconstruction. They are expected to acquire a stake of about 10 percent in Areva. (The Yomiuri Shimbun December 8, 2016)

Kazatomprom interested in acquiring stake in Areva?: According to BFM Business (Oct. 7, 2016), Kazakh government-owned Kazatomprom is interested in acquiring a stake in Areva. Talks were held in Paris on Oct. 6, 2016.

Areva opens possibility of minority stake buy by CNNC: Areva and China National Nuclear Corp, or CNNC, signed a memorandum of understanding in Beijing Monday (Nov. 2) involving the "possible" acquisition of a minority stake by CNNC in the French nuclear company's capital, Areva said in a statement. (Platts Nov. 2, 2015)

China National Nuclear Corporation (CNNC) will not acquire an interest in the capital of Areva: Negotiations between the French state, the nuclear group and its partner CNNC have failed. (Le Monde Jan. 31, 2017)

Head Office

Orano
2, rue Paul Dautier, BP 4
F-78141 Vélizy-Villacoublay Cedex, France
Tel. +33-1-39263000, Fax: +33-1-39262700

> View news releases: Orano · AREVA Inc. · AREVA Resources Canada Inc.

Subsidiaries

only uranium mining activities shown (simplified)

(100%) Orano Mining SA
- (68.42%) COMUF - Compagnie des Mines d'Uranium de Franceville (Gabon)
- (100%) Bagombe, Gabon
- (59%) COMINAK SA - Compagnie Minière d'Akouta (Niger)
- (63.4%) SOMAÏR - Société des Mines de l'Aïr (Niger)
- (100%) - Arlit Concession (Niger)
- (95.281%) Orano Expansion SAS
  - (63.5%) Imouraren SA (Niger)
- (100%) CFMM SA - Compagnie Française des Mines et Métaux (France)
  - (100%) SMB - Société des Mines du Bourneix (France)
  - (100%) SMJ - Société des Mines de Jouac (France)
  - (100%) Areva NC Australia Pty Ltd
    - (100%) Koongarra
    - (11.68%) Northern Uranium Ltd (Northern Territory, Australia)
  - (99.96%) COMINOR
    - (100%) CMA
    - (40%) AMC
- (100%) Uramin Inc.
- (10.6%) - Marenica Energy Ltd
- (100%) Orano Canada (Canada) (formerly AREVA Resources Canada Inc., COGEMA Resources Inc.)
  - (50%) UEM Inc.
    (some of the following interests are partly held through UEM)
  - (100%) Cluff Lake (Saskatchewan, Canada)
  - (77.5%) McClean (Saskatchewan, Canada)
  - (74.83%) Midwest (Saskatchewan, Canada)
  - (40.453%) Cigar Lake (Saskatchewan, Canada)
  - (23.086%) Dawn Lake deposit (Saskatchewan, Canada)
  - (30.195%) McArthur River (Saskatchewan, Canada)
  - (16.667%) Key Lake (Saskatchewan, Canada)
  - (51%) Shea Creek (Saskatchewan, Canada)
  - (51%) Douglas, Erica, Alexandra, Laurie, Mirror River, Nikita and Uchrich Properties (Saskatchewan, Canada)
  - (49%) Virgin River Property (Saskatchewan, Canada)
  - (12.5%) Maurice Bay deposit (Saskatchewan, Canada)
  - (39.5%) Hook Lake property (Saskatchewan, Canada)
  - (10.04%) Black Lake (Saskatchewan, Canada)
  - (21.76%) Fox Lake (Saskatchewan, Canada)
  - (51%) Preston (Saskatchewan, Canada)
  - (25%) Rea (Alberta, Canada)
  - (66.09%) Kiggavik - Sissons Schultz (Baker Lake) (Nunavut, Canada)
- AREVA Resources Finland Oy
- (100%) AREVA NC Inc. (formerly COGEMA Inc.)
  - (100%) COGEMA Resources USA
- (100%) COGEMA Deutschland GmbH (Germany)
  - (69.41%) Urangesellschaft mbH (Germany)
    - (100%) UG USA Inc.
- (51%) KATCO (Kazakhstan)
  - Muyunkum project, Kazakhstan
- (66%) Areva Mongol LLC
  - (100%) Dulaan Uul, Mongolia
  - (66%) Badrakh Energy LLC (formerly AREVA Mines LLC)
    - Zoovch Ovoo, Mongolia
- (10.46%) - Summit Resources Ltd
- (6.07%) - Forte Energy NL
- (11%) - Mawson Resources Ltd.
- (6.9%) - European Uranium Resources Ltd.
- (50%) - Jordanian-French Uranium Mining Company
  - Attarat and Wadi Maghar deposit, Jordan
  - Khan Azzabib deposit, Jordan
  - Siwāqa deposit, Jordan
- (51%) - Nurlikum Mining LLC
  - Djengeldi deposit, Uzbekistan

Source: Areva Annual Rapports, among others

Rapport d'Information relatif à la situation financière et aux perspectives d'Électricité de France et d'Areva , par MM. Marc Goua et Camille de Rocca Serra, Assemblée Nationale No. 4463, 7 mars 2012 (1MB PDF - in French)

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