Areva Canada Inc.

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Areva Canada Inc. is a member of the Areva Group of France (most commonly referred to simply as Areva), "the world's biggest nuclear power company, and a major player in Canada's electrical distribution, nuclear maintenance and uranium mining business." [1]


About

"To cement its corporate identity, the Areva name is being firmly attached to each Canadian business. That means, for example, its Saskatchewan uranium mining arm, previously called Cogema Resources Inc., is now known as AREVA Resources Canada Inc.," Richard Blackwell reported October 1, 2006, in The Globe and Mail.

Areva "was created five years ago by combining the industrial portions of the French government's nuclear power operations with uranium miner Cogema and reactor engineering firm Framatome ANP. The transmission and distribution business was purchased from French conglomerate Alstom SA in 2004.

"Now, about 85 per cent of Areva is owned by an arm of the French government, while 15 per cent is in a public float. The mergers at the parent company brought a number of Canadian operations into the fold," Blackwell wrote. [as stated]

  • Areva Resources has ownership stakes in uranium mines in Saskatchewan, and is exploring for more in Saskatchewan, Alberta and Nunuvut.
  • The transmission and distribution arm, Areva T&D Canada Inc., sells products such as connectors, switches and substations, counts Hydro Québec as a big customer, but also sells to utilities in Ontario, Alberta and British Columbia.
  • Areva NP Canada Ltd., the nuclear maintenance arm, performs engineering, plant modifications and decontamination at existing Canadian nuclear plants.

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