Three Japanese conglomerates are in talks to combine their loss-making domestic nuclear fuel operations, a person with direct knowledge of the matter said, as the outlook for restarts of reactors following the Fukushima nuclear crisis remains bleak. Hitachi Ltd, Toshiba Corp and Mitsubishi Heavy Industries Ltd aim to merge the operations as early as spring 2017, the person said, declining to be identified as the discussions were confidential. The person added that the three companies may eventually consider merging their nuclear reactor businesses, though nothing specific has been discussed so far. The companies said they were considering options for their domestic nuclear fuel businesses but no decisions had been made.
Reuters 28th Sept 2016 read more »