August 2018 Company Profile AECC, JSC is a State Corporation - - PowerPoint PPT Presentation

August 2018

Project name: «Renewal of potassium bifluoride production» Project operator: AECC, JSC Project manager: Oleg Vladislavovich Osipenko, tel. +7 (395) 559-96-02 Project administration: Yuri Aleksandrovich Dyakovich, tel. +7 (395) 559-96-04

Company Profile

Year established

1957

Main businesses

Uranium hexafluoride enrichment services Production of fluorine-based products

Nuclear products

Uranium hexafluoride, an intermediate product for commercial nuclear fuel fabrication

Fluorine products

Potassium bifluoride Anhydrous hydrogen fluoride (HF) Triflic acid Triflic anhydride

Annual revenues in 2016

5.3 billion rubles (86.9 mil. USD)

Personnel

• Approx. 1000 people

Location

Angarsk, Irkutsjk Region, Russia 150 km from Lake Baikal

2

AECC, JSC is a State Corporation “Rosatom” company which is a part of the uranium conversion and enrichment complex of Fuel Company “TVEL”

Nuclear Fuel Cycle

Uranium conversion Uranium mining Uranium concentrates processing Uranium enrichment Fuel fabrication Power generation

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Development strategy

Development of the 2nd business kernel:

• Exponential growth of company’s revenues by the year 2030

Reduction of product costs and processes completion time Larger share on international markets New products for domestic and foreign markets Strategic goals of Rosatom Corporation Strategic goals of TVEL 5 to 7 Years – Production capacity growth, expanding product portfolio. 1 to 3 Years – Development of technologies and start-up of non- nuclear products 15 to 20 Years – Establishment of a global competitive non-nuclear company Strategic goals of AECC

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1957 Commissioning of Phase I of the gaseous diffusion uranium enrichment plant of Angarsk Electrolysis Chemical Complex. 1963 Commissioning of all industrial facilities of AECC: uranium conversion plant, enrichment plant and all supporting infrastructure. 1974 Full renovation of uranium conversion plant completed. New process equipment developed and commissioned. 1995 Gaseous diffusion uranium enrichment technology fully replaced with gas centrifuge technology. Switching to new technology resulted in substantial increase in throughput while drastically reducing the environmental footprint 1996 Operation of Triflics Plant commences to produce Trifluoromethanesulfonic acid and Trifluoromethanesulfonic anhydride. 1997 Commercial production of R-14 refrigerant commences. 2007 Potassium bifluoride (PBF) plant operation resumed. 2018 AECC and other conversion and enrichment plants of Russia become affiliates of Fuel Company “TVEL”. 2010 International Uranium Enrichment Center is established at the AECC site under the aegis of International Atomic Energy Agency (IAEA) 2014 Uranium conversion plant shut down. 2016 Triflics plant operation resumed.

History

2018

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Prospective businesses based on the Chemical Plant infrastructure

Triflics production Renewal of trifluoromethanesulfonic acid and anhydride, production of triflic derivatives Elegas (sulfur hexafluoride) production Renewal of elemental fluorine production and start-up of SF6 production. Artificial quartz crystals production Artificially grown high-purity quartz crystals production (250 MT/a) – a joint venture with Germany-based company. Anhydrous hydrogen fluoride production Renewal of anhydrous HF production. Lithium hydroxide production Lithium hydroxide monohydrate production using electrochemical conversion of lithium salts. Potassium bifluoride production Renewal of potassium bifluoride production.

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Project location

Angarsk, Russia

Potassium bifluoride (PBF) plant is located in “Electrolyte Recovery Building (ERB)” which is a part of Uranium Conversion Plant infrastructure. ERB is equipped with all equipment and engineering networks including industrial sewage and air ducts to the central gas cleaning station required for plant operation. ERB is not included in Nuclear Facility and does not require decommissioning as part of Uranium Conversion Plant shut-down.

PBF plant

AECC production site

Product and technology of the Project (1/2)

Product: potassium bifluoride (KF×HF) complying with GOST 10067-80 (PBF). 7

KОН Н2О Dissolution of КОН in water KОН water solution KF neutral solution Concentration (evaporation ) of КF neutral solution (t=105-120 C°) Concentrated KF neutral solution HF Saturation of КF neutral solution with hydrogen fluoride KF×HF solution Crystallization of KF×HF (t=25 C°) Solution with KF×HF crystals Filtration and obtaining KF×HF wet crystals and acidic mother liquor KF×HF wet crystals Neutralization of mother liquor with КОН water solution Acidic mother liquor Drying of KF×HF wet crystals KF×HF

Product and technology of the Project (2/2)

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Production of PBF at AECC Capacity – up to 120 tpa Experience – more than 30 years Plant renovation completed in 2010 – the most up-to-date plant in Russia Product: potassium bifluoride (KF×HF) complying with GOST 10067-80 (PBF).

Description Standard Grade «Ч» Grade «Ч.Д.А.» Mass fraction of potassium bifluoride (KF × HF), % 98-102 99-101 Mass fraction of chlorides (Cl), %, max. 0,01 0,005 Mass fraction of sulfates (SO4), %, max. 0,02 0,01 Mass fraction of iron (Fe), %, max. 0,004 0,001 Mass fraction of silicon (Si), %, max. 0,02 0,01 Mass fraction of lead, copper and manganese (Pb+Cu+Mn), %, max. 0,001 0,001

Project implementation structure

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AECC, JSC

• Investment project implementation
• Production of PBF

TVEL, JSC

Supply of КОН

Sales Project coordination

Russian market World market

Supply of HF

Sales

Raw materials suppliers Equipment suppliers

Supply of steam generator and lab equipment

Target market overview

10 Production of elemental fluorine Etching agent in the production of aircraft engines Glass etching for “frost” effect Flux component

1 2 3 4 Elemental fluorine (F2) is only commercially produced using electrolytic method. It is the most cost-efficient method employing HF decomposition using KF*2HF as electrolyte. Etching – cleaning metal and alloy surface from oxides, rust, grease and other contaminants. An important use in aerospace industry is the removal of ceramic rods from turbine blades in melted potassium bifluoride2). Treatment of glass with fluorine-containing compounds results in formation of insoluble chemical films creating “frost” effect which can vary depending on exposure duration and agent concentration. Flux in steel making is a group of inorganic substances added to the

• re to facilitate separation of metal from gangue and decreases

melting temperature. In welding, flux is a special material that has protective and cleaning properties. In soldering, flux is a material that removes oxide from the surface of soldered parts and decreases surface tension.

Organizational structure of the project

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Management (direct decision-makers) Team

• A. Dudin

General Director AECC JSC

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Project Sponsor

• A. Kamashev

Director Department of TVEL JSC

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Project Curator

• O. Osipenko

Leading specialist Special Design and Technology Section AECC, JSC

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Project Manager

• A. Masovetz

Investment planning specialist AECC JSC

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Investment analysis

• A. Trubin

Chief Specialist TVEL JSC

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Project Coordinator

• N. Shishkina (Ms.)

Leading economist in finance planning AECC JSC

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Financial analysis

• E. Akkuzin

Foreman Chemical Plant Facility AECC JSC

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Expert

• Yu. Dyakovich

Head of Marketing Group Special Design and technology Section AECC JSC

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Project Administrator

Building 100, Block 2, South Estate, Angarsk, Irkutsk Region 665804 Russia Telephone: +7 (335) 554-44-34 (Russian), Telephone: +7 (335) 559-97-20 (English) Fax: +7 (335) 554-00-00, e-mail: aecc@rosatom.ru, triflic@aecc.ru

«Angarsk Electrolysis Chemical Complex», JSC