TENEX Boosts Cooperation with ConverDyn
OREANDA-NEWS. TENEX continues material accounts system enhancing and delivery management agreements with key suppliers of nuclear fuel fabrication and natural uranium conversion services optimisation.
Signed on July 11, 2014, a delivery management agreement with ConverDyn - one of the world's major suppliers of natural uranium conversion services - will enable TENEX to receive natural uranium hexafluoride at a facility in Metropolis, US, by book transfer from the mutual customers under the contracts providing the counter deliveries of uranium feed.
For TENEX, the rationale for developing this mechanism is that now, with the HEU-LEU Agreement completed, it is launching wide-ranging activities under commercial contracts for uranium product deliveries to US customers, and efficient usage of packaging for uranium product transport as well.
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