AtkinsRéalis (TSX: ATRL) has entered into an agreement with Third Qinshan Nuclear Power Company Ltd. to provide support for the 30-year life extension of two CANDU reactors at the Qinshan Nuclear Generating Station in China. The scope of the agreement includes design, engineering, and procurement services for Phase III of the project.
The reactors at the Qinshan Nuclear Generating Station, which began operating between 2002-2003, have set a national record for continuous operation. The life extension initiative aims to enable a further 30 years of operation by incorporating the latest technological advancements.
AtkinsRéalis, as the sole commercial licensee of the CANDU intellectual property portfolio, has been actively involved in CANDU reactor life extension projects globally. The company’s expertise in nuclear technology positions it as a leader in reactor life extensions.
With a history of over 70 years in global nuclear expertise, AtkinsRéalis offers comprehensive nuclear technology solutions to utilities worldwide. The company leverages its innovative technology portfolio to address complex challenges across the nuclear lifecycle, including design, asset management, decommissioning, and waste management.
AtkinsRéalis’ partnership with TerraPower for the extraction of isotopes from legacy nuclear material underscores its commitment to supporting cancer treatment through the production of medical radioisotopes. The company’s diverse portfolio also includes government nuclear research site management and legacy nuclear waste management.
Headquartered in Montreal, AtkinsRéalis (formerly SNC-Lavalin Group Inc.) operates globally, providing professional services in strategic sectors such as engineering services, nuclear, and capital. As of Thursday morning, shares of AtkinsRéalis Group Inc. were trading at C$53.86, reflecting a 0.07% decline.
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