29 May '13, 10pm

Restructuring and Retrenchment in Nuclear Fuels: One plant down, one teetering, and a major player up for sale

Restructuring and Retrenchment in Nuclear Fuels: One plant down, one teetering, and a major player up for sale

So, from that point of view, the fate of the MOX plant is but one indicator of retrenchment in the global nuclear fuels market, post-Fukushima. Last Friday, the operator of the only American-owned uranium enrichment plant in the United States announced that its sprawling Paducah, Kentucky, facility will close for good next month (see photo). The decision is no surprise as such, as the plant employs highly inefficient and obsolete gaseous diffusion technology, invented during the Manhattan Project years. But in a booming world market for nuclear fuels, even a relic like this might have hung on longer.

Full article: http://spectrum.ieee.org/energywise/energy/nuclear/restru...

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