ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Hitachi, Toshiba, Mitsubishi Heavy near nuclear fuel tie-up deal

Nuclear fuel is lowered into the No. 1 reactor at the Sendai power plant in Kagoshima Prefecture.

TOKYO -- Three major Japanese companies are in final talks to integrate their nuclear fuel businesses as early as spring, as Hitachi, Toshiba and Mitsubishi Heavy Industries aim to keep those operations afloat even while most of the country's nuclear reactors remain idle.

Making nuclear fuel involves packing enriched uranium into rods, which are then grouped to form the core of a reactor. The three companies have supported Japan's utilities for many years, constructing nuclear reactors and providing the entire supply of fuel.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more