Perma-Fix JV receives formal €50M European waste treatment contract from EC

PERMA FIX ENVIRONMENTAL SERVICES INC

Multi-year contract valued up to EUR 50 million for treatment of radioactive waste from JRC in Ispra, Italy.
Perma-Fix is a 50% partner in the joint venture with Campoverde Srl; contract executed Dec 18, 2023.
CEO Mark Duff cites potential to replicate U.S. capabilities and expand offering across Europe.
Contract may be terminated by European Commission under certain conditions as per agreement.

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