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AECL Awarded Re-Tubing Contract from Korean Hydro

Atomic Energy of Canada Limited has been awarded a large contract to re-tube the Wosong 1 Candu 6 nuclear reactor in South Korea by Korean Hydro and Nuclear Power Company Ltd. The contract is worth hundreds of millions of dollars, and will substantially increase the expected working life of the Wosong 1 reactor.

Nuclear energy is a $5 billion/year industry in Canada. That number could significantly increase if the current push for new reactors in Canada and internationally is successful.

Link: http://www.ottawabusinessjournal.com/287045773689488.php

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