Nicolas Loris, an economist, focuses on energy, environmental and regulatory issues as the Herbert and Joyce Morgan fellow at The Heritage Foundation. Read his research. In what chief executive John K ...

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 ...

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 ...

Increased spending on the American Centrifuge coupled with a lower gross profit margin have resulted in first quarter losses of $2.1 million for USEC as the company tries to conserve cash pending a ...

BETHESDA, Md.--(BUSINESS WIRE)--USEC Inc. (NYSE:USU) President and Chief Executive Officer John K. Welch issued the following statement today after being advised that the U.S. Department of Energy ...

In a move suggesting growing confidence in USEC's American Centrifuge technology, the US Department of Energy (DoE) has agreed to provide the company with $45 million in funding for its ongoing ...

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 ...

The Energy Department is considering the purchase of experimental centrifuges from the United States Enrichment Corp as a way of channeling money to the ailing nuclear fuel company, which says it ...

Nuclear energy is making a comeback. USEC, a world leader in providing uranium and support services to nuclear power plants, announced a public offering of 20 million shares of common stock on Tuesday ...

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 ...