Friday, September 24, 2010

GE Hitachi seeks customers for enrichment facility not yet built By Jim Brumm

GE Hitachi has $400M enrichment contract with TVA
GE Hitachi's Global Laser Enrichment operation secured a $400 million contract to supply about 12% of the Tennessee Valley Authority's expected enrichment needs for a decade. The deal, cleared by TVA directors, is a "memorandum of understanding which says the two sides have generally agreed to commercial terms but is nonbinding," said Michael Tetuan, a spokesman for GE Hitachi Nuclear Energy. Star-News (Wilmington, N.C.)http://www.starnewsonline.com/article/20100923/ARTICLES/100929833/-1/news300
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