Monday, June 14, 2010

Japan's Toshiba buys stake in US uranium firm USEC

Japan's Toshiba buys stake in US uranium firm USEC
Tokyo (AFP) May 25, 2010
Electronics giant Toshiba said Tuesday it would buy a 100-million-dollar stake in US nuclear fuel producer USEC as the Japenese firm seeks a greater presence in the growing market for nuclear power plants. The electronics maker, which also builds industrial components and nuclear power plants, will invest in United States Enrichment Corporation along with US-based Babcock & Wilcox Investment ... more

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