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 (NYSE: USU) shares surged as much as 30 percent Tuesday, a day after a bankruptcy court judge cleared the company to solicit creditor approval of its reorganization plan. The supplier of power ...

March 5 (Reuters) - USEC Inc filed for bankruptcy after struggling with weak prices for the enriched uranium it supplies to nuclear power plants and difficulties in financing a major project. Shares ...

Less than a fortnight after construction began at Usec's American Centrifuge plant, a centrifuge demonstration at the Piketon, Ohio, site could be only weeks away. "Investors are always more ...

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 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 ...