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Kronologi over fredssagen og international politik 17. december 2013 / Time Line December 17, 2013

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16. December 2013, 18. December 2013


12/17/2013
Sole U.S. Uranium Enricher to Pursue Bankruptcy
The only domestic U.S. uranium-enrichment company on Monday said it plans to seek bankruptcy within months, the New York Times reports.
The company, The United States Enrichment Corporation, still plans by 2017 to wrap up development of a new-generation enrichment centrifuge. However, its latest financial move could complicate efforts to secure federal funding for the American Centrifuge Plant in Piketon, Ohio, beyond $257 million in Energy Department grants awarded since 2011, according to the newspaper.
Control of the centrifuge project might go to the Energy Department as a result of the bankruptcy. It is unclear, though, if Washington would push the enrichment initiative forward to completion, the Times reported. The effort is already 12 years behind schedule, and its projected $6.5 billion expense is nearly four times greater than its original $1.7 billion cost estimate, writes Global Security Newswire.

12/17/2013

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