HRC - Uranium 1

The Megatons to Megawatts program

http://large.stanford.edu/courses/2016/ph241/diorio1/

The Megatons to Megawatts program called for commercial organizations to administer the deal. Therefore, the U.S. Department of Energy created the United States Enrichment Corporation (USEC) to execute the program, and Russia's Ministry for Atomic Energy tapped Techsnabexport (TENEX) to do the same.

USEC absorbed by Centrus Energy

A couple of sources:

2013 NY Times article behind paywall

https://www.nytimes.com/2013/05/25/business/usec-to-shut-uranium-enrichment-plant-in-kentucky.html

http://archive.today/2022.02.28-225453/https://www.nytimes.com/2013/05/25/business/usec-to-shut-uranium-enrichment-plant-in-kentucky.html

https://www.centrusenergy.com/what-we-do/national-security/

The United States, which once led the world in uranium enrichment, shut down the last of its outdated and increasingly uneconomical Cold War-era enrichment plants in 2013 –leaving the Nation without a domestic, industrial-scale uranium enrichment capability for national security purposes for the first time since the Manhattan Project.

NEW CFIUS rules on export controls instituted in 2020 for anything with national security implications.

https://www.dlapiper.com/en/us/insights/publications/2020/09/new-cfius-regulations-change-mandatory-filing-requirements/

>>15748320

(From NYTimes)

USEC, based in Bethesda, Md., said it had a large inventory of enriched uranium and would continue to import enriched uranium from Russia for sale to American utilities. The Russian program began with uranium from decommissioned nuclear bombs but will soon be using uranium enriched by the Russians for commercial uses. The American market is also supplied by a European-owned centrifuge plant in New Mexico.

https://www.nytimes.com/2006/06/24/us/24nuke.html

http://archive.today/2022.02.28-232650/https://www.nytimes.com/2006/06/24/us/24nuke.html

Uranium Enrichment Project Gets License

WASHINGTON, June 23 2006— In a milestone for nuclear power, the Nuclear Regulatory Commission issued a license late Friday to a European consortium to build a uranium enrichment plant in New Mexico.

Urenco, a consortium owned by British Nuclear Fuels Ltd., the Dutch government and several German utilities, plans to break ground this summer and build a plant nearly identical to one operating in the Netherlands.

The New Mexico plant is scheduled to start enriching uranium in 2008, said Marshall Cohen, vice president of the consortium's American subsidiary, Louisiana Energy Services. It will reach full capacity in 2012 or 2013, Mr. Cohen said, and could be expanded later if new nuclear reactors are ordered.

At $1.5 billion, it is the largest civilian nuclear project in the United States in about a decade. It will be built near Eunice, N.M., not far from the Texas border.