advanced fuel CANDU reactor

Candu Energy signed a memorandum of understanding (MOU) between Natural Resources Canada and the China National Energy Administration to advance collaboration between the two countries in the field of civilian nuclear energy including development of advanced fuel reactors and exports to third markets. Candu also signed a framework joint venture agreement with China National Nuclear Corporation (CNNC) to build advanced fuel CANDU reactor (AFCR) projects in China and develop opportunities for it globally.