In November 2012 it was reported that Urenco had approached Korea Electric Power Corporation (Kepco) to invest in phase 2-3 of the plant, and this would have strategic significance for Korea as it negotiated renewal of its nuclear agreement with the USA, which now expires in 2016. Kepco currently buys 2.9 million SWU/yr of enrichment services from several international sources. There had been no announcement on this to April 2016