Thursday, August 21, 2008

American Centrifuge Project Creating Thousands of U.S. Jobs

American Centrifuge Project Creating Thousands of U.S. Jobs: "USEC is deploying the American Centrifuge Plant to provide the dependable, long-term, U.S.-owned nuclear fuel production capability needed to support the country’s current nuclear power plants as well as those expected to be built in the future. As America’s only commercial uranium enrichment facility using U.S.-owned centrifuge technology, the American Centrifuge Plant will play an important role in America’s energy security and national security.
USEC Inc., a global energy company, is a leading supplier of enriched uranium fuel for commercial nuclear power plants."

Norton's comment: I am betting on this stock (USU) and nuclear energy being in the mix for America's energy future. If we start recycling nuclear waste, we can cut way down on the 20,000 year waste disposal problem. As I understand it, the waste from nuclear energy plants is not "weapons grade" and therefore cannot be used by the black market to make bombs.

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