Areva loses a bundle in 2012

France's state-controlled nuclear engineering giant Areva lost $130 million in 2012 and its business is struggling to move past the Japan's nuclear disaster and a troubled mining venture. The company lost (EURO)2.5 billion in 2011, a year that saw many countries rethink their use of the nuclear energy after the earthquake and tsunami that devastated the Fukushima power plant. Much of those losses were due to a troubled uranium mining venture that was the subject of investigation.