Speaking at the end of the firm's annual general meeting - and fresh from announcing a 20-year deal potentially worth PS770 million, for work at the Sellafield nuclear fuel reprocessing
and nuclear decommissioning site in Cumbria - Mr Watson highlighted major progress for its global diversification strategy.
The nation's nuclear watchdog body approved plans to decommission the spent nuclear fuel reprocessing
plant in Tokai, Ibaraki Prefecture, a project expected to take 70 years, perhaps longer, and cost around 1 trillion yen ($9 billion), probably much more.
When the Nuclear Fuel Reprocessing
Center at Rokkasho Plant in Japan starts operation at full capacity, it will be able to produce eight metric tons of plutonium annually.
10 (Petra)-- France's Areva signed a protocol agreement on Tuesday to build a nuclear fuel reprocessing
facility in China worth 10 billion euros ($12 billion), but has yet to secure a firm contract for a deal seen as vital to reviving the French nuclear industry.
PNC also suffered embarrassment when its nuclear fuel reprocessing
facility in Ibaraki Prefecture was hit by a fire that exposed 37 workers to radiation in 1997.
The discovery could be applied to nuclear fuel reprocessing
or to clean up nuclear reactor accidents.
Advanced separation techniques for nuclear fuel reprocessing
and radioactive waste treatment.
Loss of power was reported at a nuclear fuel reprocessing
facility in Rokkasho.
But independent scientists argue that commercial application of nuclear fuel reprocessing
has always been hindered by cost, technology, risk and safety challenges.
A troubled nuclear fuel reprocessing
plant at Sellafield has been thrown a "lifeline" by a consortium of foreign investors, potentially saving 1,000 jobs at a time when a shortfall in funding is threatening to axe hundreds of workers.
Despite the successful conclusion of nuclear fuel reprocessing
agreement with India in March this year, the American corporations still cannot trade nuclear equipment and materials with Indian customers due to a lack of a nuclear civil liability regime in India.