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Uranium Plant Has a Setback

Publication Date: 8/5/2009
Author: Pam Hunter and Tom Ichniowski
Format: HTML

The Dept. of Energy has asked USEC Inc. to withdraw its application for a loan guarantee to build an advanced-technology uranium- enrichment plant at the site of a former enrichment facility in Piketon, Ohio. However, DOE will give USEC the chance to reapply at a later date. The agency says it plans to defer review of the application until a series of specific technology and financial milestones have been met. USEC says it is committed to developing the plant.

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