Monday, April 2, 2012

USEC to proceed with Ohio uranium-enrichment project

USEC to proceed with Ohio uranium-enrichment project
USEC is determined to proceed with its uranium-enrichment project in Ohio despite a recent hurdle in Congress involving a $106 million research grant for the venture, the company said. The funding provision was included in a long-term transportation bill that failed to pass last week. The company sees the grant as a temporary solution while it seeks a $2 billion loan guarantee from the Department of Energy. USA TODAY

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