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CIVIL NUCLEAR
Hostage crisis: French nuclear boss heads to Africa

The open pit Uranium Mine at Arlit.
by Staff Writers
Paris (AFP) Sept 27, 2010
The chairwoman of French state-owned nuclear giant Areva is to visit the firm's operation in Niger, the company said Monday, after Al-Qaeda militants kidnapped several of her employees there.

"Anne Lauvergeon plans to visit Niger soon," a spokesman said, declining to confirm a report that she would travel on Thursday. The purpose of her visit is to visit Areva employees in the region, the spokesman said.

Areva has been criticised for failing to heed warnings of a kidnap threat that an armed group was seeking to abduct foreign workers in the desert area where seven Areva expatriates were kidnapped on September 16.

The warning said the security situation in the Arlit region -- where Areva runs uranium mines and where the five French nationals, a Togolese and a Madagascan were kidnapped by Al-Qaeda linked militants -- was deteriorating.

Lauvergeon, who normally enjoys appearing in the media, has been keeping a low public profile since the kidnapping.

earlier related report
France pushes EDF to raise stake in Areva: report
Paris (AFP) Sept 27, 2010 - The French government is pushing electricity generator EDF to increase its stake in French nuclear power group Areva from 2.4 percent to 10-15 percent, the La Tribune newspaper reported on Monday.

The French government has focused on consolidating the French nuclear power industry, a key factor in the national economy, in recent months, and the newspaper said that these efforts were being given new impetus.

The report said that the pressure on EDF to increase its holding in Areva was intended to dilute the influence of shareholder Mitsubishi Heavy Industries of Japan.

The Franch state owns 85 percent of EDF which is the biggest producer in the world of nuclear power and provides most of the electricity used in France. Areva builds nuclear power stations in France and abroad.

The French government had resumed strategic efforts aimed at "consolidating the French nuclear team," the newspaper quoted a source close to the presidency as saying.

This could involve a reduction of the stake held by Mitsubishi Heavy Industries, but a timetable was not known, the newspaper reported.

In July, Areva reported a surge in first-half net earnings to 843 million euros (1.1 billion dollars) from 143 million euros for the same period of last year.



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