USEC Announces Completion of American Centrifuge RD&D Milestones

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USEC (NYSE: USU) announced that a demonstration cascade of 120-machines has operated at commercial plant specifications for 20-machine years. During that performance run, USEC successfully completed the final three milestones set by the Department of Energy (DOE) for the American Centrifuge research, development and demonstration (RD&D) program. “The demonstration cascade is operating as expected, exceeding the SWU production, machine availability and cascade performance criteria established by DOE,” said John K. Welch, USEC president and chief executive officer. “Our teams in Oak Ridge and Piketon rose to the challenge of the RD&D program and are showing once again why they are considered to be the best in the world.

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