The characteristics and behavior of the emulsion formed in mixer-settlers during nuclear fuel reprocessing were studied with the dissolver solution of spent fuel burned up to 28 000 MW d/MTU and a palladium colloidal solution, respectively. The emulsion was observed to be oil in water where nonsoluble residues of spent fuel were condensed as emulsifiers. Emulsion formed at interfaces in the settler showed electric conductivity due to continuity of the aqueous phase of the emulsion and viscosity due to the creamy state of the emulsion. The higher the palladium particle concentration was, the larger the amount of emulsion formed. This result agreed well with experience obtained in the Tokai Reprocessing Plant operation that both nonsoluble residues and emulsion formation increased remarkably on fuels in which burnup exceeded 20 000 MWd/MTU.