US DOE plans to sell 700 metric tons of uranium to fund cleanup

US DOE plans to sell 700 metric tons of uranium to fund cleanup

Washington (Platts)--14Aug2006

The US Department of Energy Monday said it wants to sell 700 metric tons
uranium in the form of uranium hexafluoride to continue to pay for the cleanup
of DOE uranium inventories contaminated with technetium-99.

Those interested in buying the uranium have until August 28 to submit
proposals to DOE. The department said it expects to award a sales contract by
August 31.

The UF6 will be sold in seven lots of 100 metric tons-uranium each, DOE
said. The cleanup of the uranium will be done by USEC at the company's
Portsmouth, Ohio facility. DOE said the cleanup effort is directly supported
by 210 USEC workers and indirectly by another 150-200 USEC workers. Uranium
sales to pay for the cleanup operation were authorized as part of the fiscal
2006 energy and water development appropriations act.

--Mike Knapik, mike_knapik@platts.com

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