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US Congress approves big grant for nearly bankrupt USEC uranium enrichment company

Federal spending bill has $118M for Piketon uranium plant The Columbus Despatch. 16 Jan 14, WASHINGTON — The massive $1.1 trillion spending bill approved by Congress today includes $118 million for the soon-to-be bankrupt company that wants to launch a uranium-enrichment facility in southeastern Ohio. ….

But Ryan Alexander, president of Taxpayers for Common Sense, said USEC has received enough second chances. Adding to that is the fact that demand for uranium is low.

January 18, 2014 - Posted by | Uncategorized

1 Comment »

  1. Fukushima has definitely altered the atmosphere for demand.

    kmcloren's avatar Comment by kmcloren | January 18, 2014 | Reply


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