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USEC
Centrus Energy Corp. (formerly USEC Inc.) is an American company that supplies nuclear fuel for use in nuclear power plants and works to develop and deploy advanced centrifuge technology to produce enriched uranium for commercial and government uses, including for national security. In 2019, Centrus began work under a contract with the U.S. Department of Energy to build a cascade of 16 centrifuges in Piketon, Ohio to demonstrate production of High-Assay, Low-Enriched Uranium, or HALEU. HALEU is required for many next generation reactor designs, including nine of the ten reactor designs selected under the Energy Department’s Advanced Reactor Demonstration Program. In June 2021, the U.S. Nuclear Regulatory Commission approved a license amendment request for Centrus to enrich uranium up to a Uranium-235 concentration of 20 percent, making it the first U.S. facility licensed for HALEU production. This is higher than the 5 percent level found in Low-Enriched Uranium that is used i ...
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Portsmouth Gaseous Diffusion Plant
The Portsmouth Gaseous Diffusion Plant is a facility located in Scioto Township, Pike County, Ohio, just south of Piketon, Ohio, that previously produced enriched uranium, including highly enriched weapons-grade uranium, for the United States Atomic Energy Commission (AEC), the U.S. nuclear weapons program and Navy nuclear propulsion; in later years, it produced low-enriched uranium for fuel for commercial nuclear power reactors. The site never hosted an operating nuclear reactor. The plant, so named because of its proximity to the city of Portsmouth, Ohio, approximately 22 miles south of the site, was one of three gaseous diffusion plants in the U.S., alongside the K-25 plant in Oak Ridge, Tennessee, and the Paducah Gaseous Diffusion Plant near Paducah, Kentucky. The plant was constructed between 1952 and 1956, with the first enrichment cells going online in 1954. The former plant facilities are currently undergoing decontamination and decommissioning (D&D). Some site facil ...
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Gaseous Diffusion
Gaseous diffusion is a technology used to produce enriched uranium by forcing gaseous uranium hexafluoride (UF6) through semipermeable membranes. This produces a slight separation between the molecules containing uranium-235 (235U) and uranium-238 (238U). By use of a large cascade of many stages, high separations can be achieved. It was the first process to be developed that was capable of producing enriched uranium in industrially useful quantities, but is nowadays considered obsolete, having been superseded by the more-efficient gas centrifuge process. Gaseous diffusion was devised by Francis Simon and Nicholas Kurti at the Clarendon Laboratory in 1940, tasked by the MAUD Committee with finding a method for separating uranium-235 from uranium-238 in order to produce a bomb for the British Tube Alloys project. The prototype gaseous diffusion equipment itself was manufactured by Metropolitan-Vickers (MetroVick) at Trafford Park, Manchester, at a cost of £150,000 for four units, ...
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Megatons To Megawatts Program
The Megatons to Megawatts Program, also called the United States-Russia Highly Enriched Uranium Purchase Agreement, was an agreement between Russia and the United States. The official name of the program is the "Agreement between the Government of the Russian Federation and the Government of the United States of America Concerning the Disposition of Highly-Enriched Uranium Extracted from Nuclear Weapons", dated February 18, 1993. Under this Agreement, Russia agreed to supply the United States with low-enriched uranium (LEU) obtained from high-enriched uranium (HEU) found to be in excess of Russian defense purposes. The United States agreed to purchase the low-enriched uranium fuel. The original proposal for this program was made by Thomas Neff, a physicist at MIT, in an October 24, 1991 Op-Ed in ''The New York Times''. On August 28, 1992, in Moscow, U.S. and Russian negotiators initialed the 20-year agreement and President George H. W. Bush announced the agreement on August 31, 199 ...
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Paducah Gaseous Diffusion Plant
The Paducah Gaseous Diffusion Plant (PGDP) is a facility located in McCracken County, Kentucky, near Paducah, Kentucky that produced enriched uranium from 1952 to 2013. It is owned by the U.S. Department of Energy (DOE). The PGDP was the only operating uranium enrichment facility in the United States in the period 2001 to 2010. The Paducah plant produced low-enriched uranium, originally as feedstock for military reactors and weapons, and later for commercial nuclear power fuel. The gaseous diffusion plant covers of a site. The four process buildings cover , and consumed a peak electrical demand of 3,040 megawatts. DOE leased the facility to a publicly held company, USEC, from the mid 1990s. USEC ceased operations in 2013 and returned the facility to the Department of Energy for decontamination and decommissioning. History The former Kentucky Ordnance Works site was chosen from a candidate list of eight sites in 1950. The construction contractor was F.H. McGraw of Hartford, Co ...
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Nuclear Technology In The United States
Nuclear power in the United States is provided by 92 commercial reactors with a net capacity of 94.7 gigawatts (GW), with 61 pressurized water reactors and 31 boiling water reactors. In 2019, they produced a total of 809.41 terawatt-hours of electricity, which accounted for 20% of the nation's total electric energy generation. In 2018, nuclear comprised nearly 50 percent of US emission-free energy generation. , there are two new reactors under construction with a gross electrical capacity of 2,500 MW, while 39 reactors have been permanently shut down. The United States is the world's largest producer of commercial nuclear power, and in 2013 generated 33% of the world's nuclear electricity. With the past and future scheduled plant closings, China and Russia could surpass the United States in nuclear energy production. As of October 2014, the Nuclear Regulatory Commission (NRC) has granted license renewals providing 20-year extensions to a total of 74 reactors. In early 2014, th ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Companies Based In Bethesda, Maryland
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies That Filed For Chapter 11 Bankruptcy In 2014
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Non-renewable Resource Companies Established In 1992
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ...
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Companies Listed On NYSE American
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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