Oak Ridge Today

Centrus signs $32.3 million contract for engineering, testing on uranium enrichment

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Centrus Energy Corporation announced Monday that it has signed a $32.3 million contract with UT-Battelle LLC for engineering and testing work on uranium enrichment technology. The contract, a new U.S. Centrifuge Technology Advancement contract, runs through September 30.

UT-Battelle operates Oak Ridge National Laboratory for the U.S. Department of Energy.

Under the terms of the agreement with UT-Battelle, Centrus will continue to perform engineering and testing work to preserve and advance uranium enrichment technology that originates in the United States to support future national security and energy security needs, a press release said.

“We still have critical work to do to advance the nation’s uranium enrichment capability,” said Steve Penrod, vice president of American Centrifuge for Centrus. [Read more…]

ORNL to extend contract for uranium centrifuge work, but at reduced level; could require layoffs

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American Centrifuge Technology Manufacturing Center

The American Centrifuge Technology Manufacturing Center in south Oak Ridge is pictured above. (Photo courtesy USEC/Centrus Energy Corp.)

 

Oak Ridge National Laboratory intends to extend its contract with Centrus Energy Corporation for research on uranium enrichment centrifuges, but at a reduced level, with funding cut by about 60 percent, the company said Friday. Layoffs could be required, Centrus said in a press release.

The contract extension continues technology development activities at Oak Ridge facilities for advanced uranium enrichment centrifuges, but revenues won’t be used for operations in Piketon, Ohio, the press release said.

The new contract will cover a one-year period from October 1, 2015, to September 30, 2016, with the possibility for additional extensions, the release said.

It said the U.S. Department of Energy’s decision to provide reduced funding will support continued developments of the company’s American Centrifuge technology—which has long-term importance for national and energy security. [Read more…]

USEC to cease uranium enrichment at Paducah Plant

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USEC Inc. announced Friday that it had not been able to conclude a deal for the short-term extension of uranium enrichment at the Paducah Gaseous Diffusion Plant in Kentucky, and the company will begin ceasing uranium enrichment at the end of May. The Paducah plant is the only U.S.-owned and operated uranium enrichment facility in the United States. USEC, which has operations in Oak Ridge, leases the Kentucky plant from the U.S. Department of Energy.

“While we have pursued possible opportunities for continuing enrichment, DOE has concluded that there were not sufficient benefits to the taxpayers to extend enrichment,” said Robert Van Namen, USEC senior vice president and chief operating officer. “I am extremely disappointed to say we must now begin to take steps to cease enrichment. [Read more…]