USEC Inc. (USU)
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Overview

USEC is working toward beginning commercial plant operations in late 2009 and having approximately 11,500 machines deployed in 2012, which would provide about 3.8 million separative work units (SWU) of production based on current estimates of machine output and plant availability. The U.S. Nuclear Regulatory Commission (NRC) issued a construction and operating license for the American Centrifuge Plant in April 2007 and construction officially began in May 2007. As America's only commercial uranium enrichment facility using U.S. centrifuge technology, the plant will play an important role in America's energy security. Enrichment is the process by which the concentration of fissionable uranium isotope, U-235, is increased in order to make fuel for nuclear power plants. The centrifuge method of enrichment uses cascades of large numbers of rotor tubes and is more cost effective than the alternative gas diffusion enrichment process.


Contact Information

2 Democracy Center
6903 Rockledge Drive
Bethesda, MD 20817

tel: 301-564-3200
fax: 301-564-3201
http://www.usec.com

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Stock

Exchange: NYSE
Industry: Industrial Metals & Minerals
Market Cap: $715.8M




 
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