The TVEL Fuel Company of Rosatom CREATING FUTURE TODAY

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1 The of Rosatom CREATING FUTURE TODAY For complete and current information, visit the company s website: TVEL_Nuclear

2 2 3 TVEL Fuel company Russian nuclear fuel designer, manufacturer and supplier TVEL JSC is the fuel division of Rosatom State Corporation. The company s core activity includes development, manufacture and sale of nuclear fuel, as well as related nuclear and nonnuclear products both in Russia and abroad. Currently, s assets include fuel fabrication facilities, a separation and sublimation complex, as well as companies manufacturing gas centrifuges and related equipment. The fuel company on the basis of TVEL was set up in accordance with a resolution of Rosatom State Corporation for building an optimal management structure for nuclear fuel cycle enterprises in order to improve their performance and competitiveness in the global market. The objectives of TVEL include solving strategic tasks of Rosatom State Corporation necessary for bringing export of nuclear technologies to a level comparable to the domestic use of such technologies. To become the leader in the world market of products and services related to the nuclear fuel cycle the Fuel Company is expected to secure and strengthen the following positions by 2025: share in the market of uranium enrichment services at least 45%; share in the market of nuclear fuel fabrication at least 25%. For this purposes the company is taking a number of steps to secure and increase its share in the traditional markets, as well as to reach new markets, in particular, markets of fuel for the western design nuclear power plants. For this purposes the company is taking a number of steps to secure and increase its share in the traditional markets, as well as to reach new markets, in particular, markets of fuel for the western design nuclear power plants. In total the Fuel Company TVEL fully meets demands of power reactors in 15 countries of the World (17% of the World market), 30 research reactors in the World. Every sixth power reactor in the World operates the fuel fabricated by the Fuel Company TVEL. The s success is based upon efficient financial management, risk management as well as innovation management in both nuclear and non-nuclear areas. The main market advantages of the s products are delivery completeness as well as the high quality and competitive price determined by large production volume and technological know-how in the field of nuclear fuel production.

3 4 5 TVEL s Продукция production Топливной компании the «ТВЭЛ» world class мировой of quality уровень качества Development of new nuclear fuels Application: power reactors Products for power and research reactors TVEL Fuel company develops, manufactures and supplies nuclear fuel that meets the most stringent international reliability requirements to both Russian and foreign nuclear power plants with such reactors as VVER-440, VVER- 1000, BN-600, RBMK-1000, EGP-6, research reactors and marine nuclear steam generating plants. The company also develops PWR fuel. In cooperation with AREVA NP, TVEL manufactures and supplies fuel for Western-European PWR and BWR reactors. TVEL is a supplier of reactor core components and MOX-fuel for unit 4, which is under construction, of Beloyarskaya NPP with BN-800 reactor. TVEL supplies its customers with modern nuclear fuels, taking into consideration the tasks pertaining to increasing the output of power units, introducing new fuel cycles with improved technical and economic parameters, and develops fuels for innovation-driven projects NPP-2006 and floating nuclear power plant. Modified fuel TVSA-ALPHA and TVS-2M for VVER-1000 helps the customer to improve the plant performance through longer fuel campaign and extended fuel cycles. Second and third generation fuel assemblies for VVER-440 hich feature higher technical and economic efficiency and facilitate implementing 5-6-year fuel cycles while increasing thermal power capacity. on ship-propulsion technologies that meets nuclear non-proliferation requirements and uses uranium enriched less than 20%. Fuel for VVER-1200 reactors of the AES-2006 project that increases thermal power, allows for operation in flexible fuel cycles of different duration while backing up the load follow-up. Fuel for the floating nuclear power plant with KLT-40S reactor based

4 6 7 on the global market The participates in the International Thermonuclear Experimental Reactor (ITER) project, which is working to demonstrate the scientific and technological feasibility of the utilization of nuclear fusion energy 17% of the world nuclear fuel market 45% of the world nuclear fuel market 30 research reactors in 17 countries Power reactors in 15 countries JSC TVEL regularly supplies its products to: CIS countries (Ukraine, Armenia), Central and Eastern Europe (Bulgaria, Hungary, Slovakia, Czech Republic, Finland), as well as Western Europe and Asia. TVEL-labeled nuclear fuel operates nuclear power plants in China, India, Iran. In addition, our enterprises, jointly with our foreign partner, produce fuel for nuclear power plants in Germany, Switzerland, the Netherlands and Great Britain. TVSA advanced nuclear fuel for reactors of Russian design Promising product TVS-KVADRAT for reactors of Western design Russian cities and foreign countries Finland Great Britain* Netherlands* Germany* Switzerland* Czech Republic Poland Slovakia Hungary Sweden Bulgaria Ukraine Iran Armenia India Uzbekistan Kazakhstan Vietnam China St. Petersburg Gatchina Murmansk Smolensk Tver Obninsk Kursk Rostov-on-Don Voronezh Saratov Dimitrovgrad Tomsk Zarechniy Ekaterinburg Moscow Bilibino Russian fleet Power reactors Research reactors Nuclear icebreakers and nuclear-propulsion reactors * in cooperation with AREVA NP

5 8 9 The TVEL Fuel Company international standards for quality, environment, safety and security In , the Memorandum on participation in the Zero Failure project on the part of TVEL s partners from the Czech Republic, Ukraine, Bulgaria and Rosenergoatom Concern OJSC was signed. Achieving zero failure of nuclear fuel will make it possible to enhance reliability and security of Russian products. Quality management in the TVEL Fuel Company is based on the principles of Total Quality Management as reflected in the requirements of International Standards Organization (ISO) 9001, environmental management system for compliance with ISO and Safety &Health Management System for compliance with BS OHSAS Our aim is to accommodate the interests of consumers, to the full extent satisfy their demands for the product s economic and technical performance. Each contract is accompanied by the development of the relevant set of measures that meets the most demanding international standards in order to ensure optimum quality. The system covers the full cycle of design, development, production, storage, delivery and scientific and technical support for handling fuel assemblies and the components of nuclear reactor cores.

6 10 11 JSC TVEL s production innovative developments Fuel Fabrication Plant Russian fuel TVS-KVADRAT for Western PWRs At present, over 200 PWR reactors are operated worldwide located predominantly in North America, Europe and Asia. The science and technology level of nuclear fuel design and high quality of fuel fabrication have inspirited TVEL JSC to develop the 17x17 PWR fuel. This development has benefited from the proven Russian technology, materials and know-how. The resulted TVSKVADRAT fuel assembly for PWRs meets all current requirements for the PWR fuel in terms of technology, economics and performance. In order to improve its marketing policy, adapt it to the present market conditions and extend the line of products, the company makes available to consumers of nuclear fuel the following option: building of regional fabrication plants in the client s country. To use this option the country should possess a considerable fleet of Russian design reactors and be devoted to further development on the basis of Russian reactor technologies. Realization of this project is advantageous for all of its participants. Foreign partners gain access to new technologies and become capable of producing fuel in their countries. In addition to this, they can strengthen their energetic se- curity and become less dependent on deliveries of import production. TVEL offers to support the working process of plants abroad and on a regular basis is ready to provide upto-date technologies and advanced equipment. Furthermore, it is guaranteed that the plants will be able to use Russian services of uranium enrichment what is quite a competitive advantage in terms of present day aggressive competition in this segment of the world market. Special attention should be paid to the fact that today only possesses reference and licensed technologies for production of nuclear fuel for Russian design reactors.

7 12 13 Contact information

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