TENEX-USA

TENEX-USA Inc. is the US representative of TENEX, a leading global supplier of nuclear fuel cycle products and back-end materials, works and services.

As one of TENEX’s five wholly owned subsidiaries, TENEX-USA supports TENEX’s marketing and sales of nuclear fuel products to US utilities, as well as its interaction with US government agencies and NGO’s involved in nuclear energy matters. Together with all Rosatom companies, we adhere to the strict operating principles, ethical standards and internal control system modeled on the UK’s Bribery Act 2010.

The TENEX group of companies continues to streamline its international operations, and today announced that effective January 1, 2021, TENEX-USA, Incorporated, based in Washington, DC, will assume the management of sales and marketing activities previously handled by its Canadian sister company, Uranium One Inc. The restructuring will consolidate all North American based commercial functions. In connection with the consolidation, TENEX is pleased to announce the following appointments: Mr. Fletcher Newton will continue serving as President of TENEX-USA. Mr. Newton resigned his position as Chief Executive Officer of Uranium One Inc. in connection with the restructuring. Mr. Alexander Fedotov has been appointed to the position of Executive Director responsible for TENEX-USA’s overall corporate operations. Mr. Fedotov has substantial experience in corporate management, oversight, and compliance. Mr. David Kemp has been appointed as the Vice-President, Marketing of TENEX-USA, having formerly held the same position at Uranium One Inc. “The integration of the marketing functions for all nuclear fuel products in TENEX-USA, combined with the benefit of a strong consolidated team, will allow TENEX-USA to efficiently serve the needs of its customers in North America,” said Mr. Newton.

Operations

Building upon Tenex’s long and successful history, Rosatom has designated Tenex as the global agent for marketing of backend products and services. We now offer a full range of back-end products and services, which have not previously been available in the US market.

As TENEX’s US representative, TENEX-USA not only looks after TENEX’s traditional ‘front-end’ nuclear fuel business, but also now looks for ways to enhance the value of these contracts for US utilities by providing back-end services and expertise that have not previously been available for TENEX’s US customers.

TENEX-USA works closely with its customers to provide solutions specifically tailored to the needs of utilities in all market types. TENEX-USA offers its customers unequaled access to the world’s leading enrichment technology, competitive pricing, flexible and innovative terms of payment. With annual sales of over 60 million US dollars, TENEX-USA maintains a reliable and long-term presence in the US market.

Having successfully finished the first National Nuclear Legacy Program and the second one underway, Rosatom companies have developed and perfected a broad range of methodologies, technologies and services in remediation, decommissioning, material disposition and waste processing, including liquid radioactive waste (LRW) and sludge treatment, monitoring and risk assessment of contaminated ocean waters to name a few.

All national standards and regulations of decommissioning and restoration are based on IAEA recommendations and other international guidelines.

We offer a wide range of the nuclear industry related materials, including rare earth metals and unique allows and elements. For further details, please contact Tatyana Elleman directly at tatyana.elleman@tenam-usa.com