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US and French companies form venture for nuke waste storage

March 16, 2018

HOBBS, N.M. (AP) — A Dallas company and a France-based multinational corporation are forming a joint venture to license an interim storage site in West Texas for high-level nuclear waste.

Orano USA and Waste Control Specialists announced on Tuesday their intent to form the joint venture as a competing group tries to promote its proposal for southeastern New Mexico, the Hobbs News-Sun reports .

Waste Control Specialists had notified the Nuclear Regulatory Commission three years ago of its plan to seek the license to build the facility in rural Andrews County, Texas, that would store spent fuel rods from power plants. There’s currently no such disposal site in the U.S.

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