DOE to Assist Ohio Uranium Plant Project

CNBC reported the DOE will work with a uranium enrichment project in southern Ohio to reduce technical and financial risks holding up a loan.

As quoted in the market news,

Enriched uranium is used to produce commercial nuclear fuel.

The loan guarantee application from USEC Inc., which is based in Bethesda, Md., has been pending for the past year.

Click here to read the full CNBC report.