USEC Inc. (USU), a global energy company, supplies low enriched uranium (LEU) for commercial nuclear power plants worldwide. LEU is a critical component in the production of nuclear fuel for nuclear reactors to produce electricity. Through its subsidiary, the United States Enrichment Corp., the Company operates the only uranium enrichment facility in the U.S. and supplies more than half of the U.S. market and more than a quarter of the world market. USU is the U.S. government’s executive agent for the Megatons to Megawatts program, a 20-year, $8 billion U.S.-Russian agreement to convert uranium from warheads into nuclear fuel. The Company also performs contract work for the U.S. Department of Energy (DOE) and its contractors at the Paducah and Portsmouth gaseous diffusion plants (GDPs); provides transportation and storage systems for spent nuclear fuel. In addition, the Company provides nuclear and energy consulting services. Read more
Popularity: 1% [?]
