USEC is operating a cascade of centrifuges in a commercial configuration at its Piketon, Ohio, plant. The company hopes that reaching the milestone will improve its chances of receiving a loan ...

USEC, the Bethesda, Md., uranium enrichment company that took over the Department of Energy’s enrichment program in 1992 is claiming that the Obama administration is reneging on promises to provide $2 ...

USEC has spent about $2.5 billion to develop the plant and needs more than $4 billion to complete it, the company said in its bankruptcy filing. The company sought a $2 billion loan guarantee from the ...

USEC announced that it aims to update its loan guarantee application within months after continued progress during the first quarter of 2010 with its American Centrifuge testing program. USEC ...

Exelon, the largest nuclear generator in the U.S., on Thursday signed a $1.2 billion contract to purchase separative work units (SWUs) from USEC’s American Centrifuge Plant to fuel its reactors ...

BETHESDA, Md.--(BUSINESS WIRE)--USEC Inc. (NYSE: USU) has signed a multi-year contract with Russia’s Techsnabexport (TENEX) for the 10-year supply of low enriched uranium (LEU) beginning in 2013 that ...

USEC (NYSE:USU) hit a new 52-week low Monday as it is currently trading at $3.89, below its previous 52-week high of $6.35 with 623,904 shares traded as of 11:12 a.m. ET. Average volume has been 2.3 ...

Oct 2 (Reuters) - USEC Inc may have to furlough some employees at a uranium enrichment project if the U.S. government shutdown extends beyond Oct. 15, a company spokesman said. Sign up here. USEC, a ...

NEW YORK, Feb 12 (Reuters) - Nuclear fuel supplier USEC Inc. said on Monday the estimated cost for building the American Centrifuge Plant has risen by about one-third, to $2.3 billion from $1.7 ...