Monday, May 21, 2012

House clears funding provision for Ohio uranium project

House clears funding provision for Ohio uranium project
The House of Representatives voted to preserve a provision in a defense-program bill that would allocate about $150 million for USEC's uranium-enrichment facility in Ohio. The company is seeking a $2 billion loan guarantee from the Department of Energy. "Over the last three years, the Obama administration has worked tirelessly to support the American Centrifuge Plant," said department spokeswoman Jen Stutsman. "The administration is focused on advancing this technology in a way that protects the taxpayers." USA TODAY
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