USEC, an international uranium fuel company that has operations in Oak Ridge, learned Wednesday that the federal government could extend its American Centrifuge research, development, and demonstration program for three months.
In a press release, USEC said the U.S. Department of Energy is prepared to extend the program for three months beyond Jan. 15, 2014, subject to Congressional appropriations.
DOE and USEC will share costs of the program on an 80 percent/20 percent basis for a total funding level of about $10 million per month, the release said. [Read more…]






