URENCO operates in a pivotal area of the nuclear fuel supply chain which ends with the sustainable generation of electricity for consumers around the world. The supply chain itself can be subdivided into four key processes: mining; conversion; enrichment; and fabrication. With its industry-leading centrifuge technology and around 31% global market share, URENCO is firmly positioned in the enrichment stage, which is the highest value added segment of the supply chain.
URENCO’s principal activity is the provision of a service to enrich uranium to provide fuel for nuclear power utilities. Its enrichment service is mostly provided on a toll basis using customers’ uranium.
URENCO fulfils its customers requirements through its four operational enrichment plants in the UK (URENCO UK), Germany (URENCO Deutschland), the Netherlands (URENCO Nederland) and the US (URENCO USA).
URENCO also owns a 50% interest in Enrichment Technology Company Limited (ETC), a joint venture company jointly owned with Areva. ETC provides enrichment plant design services and gas centrifuge technology for enrichment plants through its subsidiaries in the UK, Germany, the Netherlands, France and the U.S.
URENCO also utilises its centrifuge technology for medical and industrial purposes through its research unit Stable Isotopes, click here to learn more.