UPDATE 1-Areva to sign China nuclear deals – report

* Areva to sign nuclear deals during China president visit

* To reveal progress in EPR reactor talks – paper
(Adds detail from newspaper article)

PARIS, Nov 1 (BestGrowthStock) – French nuclear reactor maker Areva
(CEPFi.PA: ) will probably sign a $3 billion deal this week with
China Guangdong Nuclear Power Corp (CGNPC) to supply 20,000
tonnes of uranium over 10 years, Les Echos newspaper reported.

The contract signing will come during a visit by Chinese
President Hu Jintao to France starting on Thursday, the
newspaper said in a preview of its Tuesday edition.

Areva could also announce progress in talks with CGNPC, one
of the country’s two major state-owned nuclear companies, to
deliver two additional EPR nuclear reactors, Les Echos said,
without saying how it obtained the information.

The French group could also restart talks with the China
National Nuclear Corporation (CNNC), the other of China’s big
nuclear companies, the paper said. Areva was not immediately
reachable for comment.
(Reporting by James Regan; Editing by Steve Orlofsky)

UPDATE 1-Areva to sign China nuclear deals – report