uranium
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Legal & Regulatory
GAO Has Legal Concerns With Uranium Transfers Between DOE and USEC
On June 9, the U.S. Government Accountability Office (GAO) announced six recommended actions designed to improve transparency of Department of Energy (DOE) uranium transactions. The recommendations were developed following a review of four transactions that took place in 2012 and 2013 between the DOE and USEC Inc. USEC is a supplier of nuclear fuel to […]
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Nuclear
USEC to Restructure, Seek Bankruptcy to Stimulate American Centrifuge Project
U.S. nuclear reactor enriched uranium fuel supplier USEC will voluntarily file for bankruptcy protection as part of a restructuring plan to boost financial support for its much-watched gas centrifuge uranium enrichment project at the American Centrifuge Plant in Piketon, Ohio. The company announced on Dec. 16 that it had reached an agreement with majority shareholders […]
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Nuclear
DOE in Talks with GLE, AREVA for Depleted Uranium Hexafluoride
The Department of Energy (DOE) last week said it would enter negotiations with Global Laser Enrichment (GLE) for the sale of the depleted uranium hexafluoride inventory after it selected the GE-Hitachi division’s proposal to build and operate a laser enrichment facility at the shuttered Paducah enrichment site in Kentucky. The DOE will also enter into […]