Net loss of $2.0 million on revenue of $320.4 million; American Centrifuge testing underway with completion of cascade construction; RD&D program incremental funding through September...

The Company will release its first quarter 2013 earnings report, which ended March 31, 2013, after the close of markets on Monday, May 6.

Research, development and demonstration program on schedule, on budget; DOE provides $44.4 million as next increment of funding; Installation of plant support systems and AC100 machines for RD...

The Company will release its year-end earnings report for its fiscal 2012, which ended December 31, 2012, after the close of markets on Monday, March 18.

USEC and DOE amend cooperative agreement to add program funding through February 2013; Commercial plant demonstration cascade construction enters next, high-activity phase; Program within budget...

The regularly scheduled call with shareholders and analysts will be open to listeners who may log in through the Company’s website, www.usec.com. A link to the...

Milestone Two affirmed the reliability of the Lower Suspension Drive Assembly (LSDA) which was upgraded in 2011. After achieving 20 years of run-time in May of this year, AC100 machines containing...

Net loss of $92.0 million on revenue of $364.8 million; Cash flow provided by operations of $162.1 million; Cash balance of $229 million; Advanced technology expense of $85.7 million, including...

Revenue of approximately $1.9 billion expected;
Gross profit margin expected to improve over 2011;
June 30th cash balance expected to exceed $200 million

USEC and the U.S. Department of Energy are continuing to make good progress on a cost-sharing proposal that would allow USEC to proceed with the American Centrifuge research, development and...

The Company’s common stock continues to trade on the NYSE. Subject to NYSE rules, the Company has six months from receipt of the notice to regain compliance with the NYSE’s price criteria (or by...

Net loss of $28.8 million on revenue of $561.5 million; Gross profit and gross profit margin improve over first quarter 2011; RD&D program expense increases advanced technology expense to $36....

USEC President John Welch said that last year’s results demanded that USEC’s management team take action and make fundamental changes to the organization to position the Company to capitalize on...

USEC has been funding project activities that support the RD&D program since the start of 2012. USEC announced that it plans to continue funding for this purpose through May 31, 2012 as it...

The regularly scheduled call with shareholders and analysts will be open to listeners who may log in through the Company’s website, www.usec.com. A link to the...

Former ConocoPhillips executive Sigmund L. Cornelius and former Boeing Company executive Walter E. Skowronski elected to the board.

Smith brings to USEC nearly 40 years of power industry engineering, construction, project management and M&A experience.

Initial discussions on term sheet begin with DOE; More than half million machine hours accumulated in lead cascade test program; Additional AC100 machines being assembled

DOE completes initial technical review of USEC’s comprehensive update to loan guarantee application and proceeds to next stage of process

Strausser brings to the project a background in large-scale project and construction management

Investment of $75 million will be used for continued progress on activities related to the American Centrifuge Plant in Piketon, Ohio and general corporate purposes

The update was submitted at the end of July and reflects the significant steps taken by USEC to address concerns expressed by DOE in 2009

Howe will focus on outreach to the executive branch, advocacy efforts with state and local governments and will assist with congressional outreach as part of USEC’s government relations

Jacobson will be responsible for overseeing all aspects of USEC’s internal and external communications with employees, the media and other constituencies

Net loss of $9.7 million on lower revenue of $345 million; Results include one-time charge of $6.5 million related to health care overhaul; 2010 outlook for revenue and gross profit margin...

Growing number of nuclear reactors under construction globally provide solid business case for additional uranium enrichment capacity

Welch spoke about USEC’s role in nuclear security and nonproliferation on a panel discussion at the Nuclear Energy Institute’s Nuclear Security Conference

Cascade of AC100 machines is operating in a commercial plant configuration and at commercial plant assays

Up to $225 million available at initial closing with ability to expand to $350 million; New facility provides strong credit support for core operations

Penrod has served as general manager of the Paducah plant since 2005 and previously served as the plant manager for seven years

Company reports net loss for quarter; net income of $9 million in 9-month period; Cash flow from operations of $319 million for 9-month period; 2009 financial guidance improves to net income of $...

The regularly scheduled call with shareholders and analysts will be open to listeners who may log in through the Company’s website

To date, 375 metric tons of highly enriched uranium (HEU) have been downblended into 10,868 metric tons of LEU

Joins USEC with significant prior legislative, executive branch and corporate experience.

Net income of $17.3 million for second quarter on revenue of $514 million; Cash flow from operations of $221.7 million for the six-month period

Company begins demobilization of American Centrifuge Plant

Decision on a conditional commitment for a loan guarantee expected by early August

Sullivan previously served as USEC’s vice president of operations and chief engineer

JV will manufacture AC100 centrifuge machines for American Centrifuge Plant

Initial cascade of AC100 series machines being assembled and prepared for operations

The regularly scheduled call with shareholders and analysts will be open to listeners who may log in through the Company’s website, www.usec.com

Saba continues as general counsel and secretary; Sullivan continues as vice president, operations

Call with shareholders and analysts will be open to listeners who may log in through the Company’s website, www.usec.com

Unanimous decision by the U.S. Supreme Court rules that imports of low enriched uranium under enrichment services contracts are subject to U.S. trade law

Milestones modified to reflect previously announced American Centrifuge Plant schedule; Financing milestone altered to reflect planned commercial plant capacity

USEC representative Dr. Vijay Sazawal will represent the Company in the mission

USEC today reported substantial progress in building the American Centrifuge Plant

The Naval Submarine League honored Welch for his leadership of a re-engineering initiative at Electric Boat

Under the new contract, Fluor will be reimbursed for costs plus a fixed fee.

Project Is Helping Rebuild U.S. Nuclear Manufacturing Base

USEC applies for financing under DOE Loan Guarantee program; Initial machine design drawings released, allowing strategic suppliers to build first AC100 centrifuges

A DOE loan guarantee is currently viewed by USEC as the path for obtaining debt financing to complete the commercial plant.

Briefs filed with the Supreme Court outlining why all imports of low enriched uranium should be subject to the U.S. antidumping law

Teledyne to Manufacture Service Modules for USEC’s American Centrifuge Plant

2007 was year of accomplishments for moving American Centrifuge project forward; Progress continues as initial AC100 centrifuge design finalized; Shareholders elect directors, approve amendments...

U.S. Supreme Court has decided to accept the petitions for certiorari filed by USEC and the U.S. government

Cutlip will lead USEC’s team charged with ensuring that reliable, high-quality components are manufactured for the American Centrifuge Plant

The department’s inventory of uranium is a valuable national resource that needs to be responsibly managed in order to ensure the continued growth of nuclear power in the United States

Saba will serve as USEC’s principal legal and corporate governance officer and brings extensive legal experience in both the private and government sectors to USEC

325 metric tons of highly enriched uranium from Russian nuclear warheads have been downblended to low enriched uranium as part of this landmark energy and nonproliferation program

The impact of significant price pressure on labor, commodities and construction materials is increasing management’s anticipated cost for completing the American Centrifuge Plant

Habermeyer and Madia possess a wealth of industry management experience that will serve USEC well as it works to deploy the American Centrifuge Plant

Agreement resolves issues related to the scope of the existing collective bargaining agreement at the Portsmouth, Ohio, Gaseous Diffusion Plant and providing a path forward for labor relations at...

USEC commends Congress and the Administration for their strong support for the renaissance of the nuclear power industry through the loan guarantee program administered by the U.S. Department of...

Centrifuges in integrated testing program produce commercial nuclear fuel assays; Program providing valuable data for final design of the AC100 commercial centrifuge machine; Lead Cascade test...

USEC Inc. recently signed a contract valued at approximately $400 million with Korea Hydro & Nuclear Power Co., Ltd. to sell separative work units (SWU) of enriched uranium for the utility’s...

“USEC actively participated with others in the nuclear industry in the development of DOE’s final regulations,” said USEC President and CEO John K. Welch. “We are pleased that many of the concerns...

The decision by the U.S. Court of International Trade to remand consideration of the case back to the U.S. Department of Commerce was an expected part of the normal process of review and appeal....

First group of centrifuge machines operating in a cascade configuration; Initial test results consistent with predictions by USEC analytical models; Lead Cascade operations are another step in...

USEC has awarded an approximately $175 million contract to Major Tool & Machine Inc. of Indianapolis, Ind., to manufacture steel casings for centrifuge machines that will be used in USEC’s...

Lead Cascade machines are installed, spinning and undergoing integrated testing; Lead Cascade operations expected to begin in the coming weeks; Demonstration to show capability of cascade to...

BWXT will manufacture components for centrifuge machines to be used in USEC’s American Centrifuge Plant in Piketon, Ohio. USEC selected BWXT because of its extensive experience with the design and...

USEC Inc. has signed a five-year contract with the Tennessee Valley Authority for electric power for USEC’s gaseous diffusion uranium enrichment plant in Paducah, Ky. The new contract, which...

$39.3 million net income for first quarter 2007 compared with $34.6 million in first quarter 2006; As anticipated, gross profit margin falls from same quarter last year; 2007 guidance updated;...

A new generation of nuclear reactors expected to be built over the next decade will need a reliable supply of enriched uranium fuel, John K. Welch, USEC president and chief executive officer, told...

The American Centrifuge Plant is only the second major nuclear facility to be licensed by the NRC in the past three decades under the NRC’s licensing process for uranium enrichment facilities. The...

$106.2 million net income for 2006; pro forma net income $171.3 million before American Centrifuge expenses; Cash flow from operations totals $278 million in 2006; USEC expects net loss of $10 to...

American Centrifuge project cost target increased to $2.3 billion; includes project spending through 2006 totaling $371 million; American Centrifuge plant capacity increases to 3.8 million SWU as...

The U.S. Nuclear Regulatory Commission issued an order detailing an expedited schedule that anticipates a licensing decision for USEC Inc.'s American Centrifuge Plant in April 2007. The NRC’s...

USEC expects full-year revenue to total approximately $1.85 billion and a gross profit margin of approximately 18 percent. Net income for 2006 is expected to be approximately $105 million, which...

USEC has signed a long-term contract valued at more than $130 million with Nuclear Management Company of Hudson, Wis., for the sale of separative work units contained in enriched uranium fuel for...

The U.S. Nuclear Regulatory Commission’s Atomic Safety and Licensing Board has issued an order detailing a tentative schedule that anticipates a licensing decision for USEC Inc.'s American...

USEC Inc. has signed a long-term contract valued at more than $200 million with PPL Susquehanna, LLC, to supply uranium enrichment for the company’s Susquehanna nuclear power plant in Luzerne...

USEC Inc. finished the cleanup of its technetium-contaminated uranium inventories this month, the Company announced today. The 7,434 metric tons of uranium cleaned were part of an inventory of...

USEC recently revised its uranium hexafluoride (UF6 ) manual that is used throughout the nuclear industry as a reference guide for management practices for handling, filling, emptying and shipping...

The U.S. Nuclear Regulatory Commission has issued its final Safety Evaluation Report for USEC’s American Centrifuge uranium enrichment plant. The SER found that the commercial plant would create...

Barpoulis joined USEC in March 2005 after serving as vice president and treasurer for National Energy & Gas Transmission, Inc., formerly a subsidiary of PG&E Corporation. Previously he...

The U.S. International Trade Commission ruled today that terminating the antidumping suspension agreement that limits imports of Russian uranium products would materially injure the U.S. uranium...

The 275 metric tons converted to date could generate enough electricity to meet the country’s demand for more than a year and contains the energy equivalent of 5.7 billion barrels of oil. The U.S...

The NRC found that the plant would create no significant adverse environmental or socioeconomic impacts during its construction or operations. The issuance of the EIS is the most recent...

“The critical element for the expansion of nuclear power is a stable supply of nuclear fuel – from uranium mining to enrichment to fabrication of the fuel assemblies. Utilities need to be...

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, February 22, 2006, at 8:30 a.m. ET. The Company will...

Wolf announced today that she will return to American Water Inc. in Voorhees, N.J. to facilitate that company’s potential sale or initial public offering as part of its divestiture from RWE. The...

Increases 2005 earnings guidance to range of $27 to $30 million after $56 million net of taxes American Centrifuge expense; 2006 earnings and cash flow from operations expected to continue...

Donelson is responsible for managing relationships with customers and overseeing the Company’s sales of enriched and natural uranium. Donelson joined USEC in 1995 in the advanced technology...

$5.2 million net loss for third quarter; pro forma net income $7.2 million before American Centrifuge expenses; $7.3 million net loss for nine months; pro forma net income $33.4 million before...

The Board of Directors of USEC Inc. today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable December 15, 2005 to shareholders of record on...

USEC’s utility customers have used Megatons to Megawatts fuel in more than 90 power reactors in 31 states. The fuel generates about 10 percent of America’s electricity each year. To date, the...

Yulish joined the Company in 1995 and has been responsible for external and internal communications during the operation of USEC as a federal corporation and after its privatization in 1998 as an...

Executive Vice President and Chief Operating Officer Lisa Gordon-Hagerty is leaving the Company as it realigns the business to sharpen the focus on the demonstration and deployment of the American...

USEC Inc. has successfully closed on a five-year, $400 million bank credit facility, replacing a three-year, $150 million facility set to expire in late September. The facility is available to...

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 4, 2005, at 8:30 a.m. ET. The Company will release...

The approximately $400 million extension maintains USEC’s position as Exelon’s primary SWU supplier through 2012. This new agreement builds upon a nearly $700 million contract the companies signed...

Earnings of 1 cent per share compared to loss of 12 cents per share in 2004; Revenue totals $311 million; $22.2 million cost for American Centrifuge; $14 million impact on net income; Cash flow...

The Board of Directors of USEC Inc. today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable June 15, 2005 to shareholders of record on May 27,...

USEC Inc. has signed a $200 million contract with Constellation Generation Group, the wholly owned subsidiary of Constellation Energy Group, to supply separative work units (SWU) to fuel the...

USEC has begun manufacturing centrifuge machine components for use in the American Centrifuge Demonstration Facility in Piketon, Ohio. The achievement is the ninth of 15 schedule milestones in...

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Thursday, March 17, 2005, at 8:30 a.m. ET. The Company will release...

Over the past four years, the U.S. government’s trade experts have determined on multiple occasions that the sale and purchase of LEU under enrichment contracts is subject to U.S. antidumping and...

As a senior vice president, Wright will join the senior management team and report directly to James R. Mellor, chairman and chief executive officer. Wright joined USEC in August 2003 as vice...

USEC has begun testing a full-size centrifuge machine. Most of the machine’s components were manufactured in USEC facilities in Oak Ridge, Tennessee. The centrifuge is currently being tested in...

Stating that the existing international regime to combat nuclear proliferation does not fully address current problems, USEC offered several proposals to make the world more secure. At the core of...

The acquisition of NAC strengthens USEC’s position in the nuclear fuel cycle and allows the Company to provide a broader array of products and services, including transportation and storage...

Hansen joined USEC in 1994 and played a key role in its privatization from the federal government, culminating in the Company’s initial public offering in 1998. James A. Schoettler, Jr.,...

The Board of Directors of USEC Inc. today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable December 15, 2004, to shareholders of record on...

Over the next two years, Boeing and Honeywell employees will work with experienced USEC employees and personnel from Oak Ridge National Laboratory at USEC’s Centrifuge Technology Center and K-1600...

225 metric tons of Russian weapons-grade uranium, the equivalent of 9,000 nuclear warheads, has been recycled into fuel purchased by USEC for use in America’s nuclear power plants. Acting as...

Before granting the commercial plant license, the NRC will perform an extensive safety and environmental review. USEC’s American Centrifuge Plant will be housed in some of the same facilities...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable September 15, 2004, to shareholders of record on August...

French uranium enrichment firm Eurodif, S.A. has curtailed its unfair pricing of low-enriched uranium imports in the U.S. market, according to the final results of a follow-up trade proceeding...

USEC Inc. updated its net income guidance for 2004 in a range of $14 to $16 million, or 17 to 19 cents per share, based on higher volumes and prices for natural uranium, and improved SWU pricing....

McDonnell will be responsible for the strategic direction of information technology programs as well as overall physical and data security at the Company’s headquarters, in its Advanced Technology...

USEC CEO called for the establishment of more nonproliferation partnerships between the government and private sector, acknowledged the threats to global security posed by the illicit use of...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable June 15, 2004, to shareholders of record on May 28, 2004...

USEC Inc. (NYSE: USU) will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Thursday, April 22, 2004 at 8:30 a.m. ET. The Company...

Union membership voted on Wednesday, March 10, to ratify a labor contract that will be in effect for six years. Approximately 560 USEC employees are members of PACE Local 5-689. A majority of the...

Over the past 10 years, one unique and exciting U.S.-Russian program has eliminated 200 tons of Russian weapons-grade uranium -- equivalent to 8,000 nuclear weapons. Better still, this material is...

The Board of Directors of USEC Inc. today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable March 15, 2004, to shareholders of record on...

U.S. government efforts to reduce the unfair pricing of enriched uranium imports have been effective, according to the preliminary results of an administrative review issued today by the U.S....

USEC Inc. and its Russian partner, Techsnabexport (TENEX), marked the 10th anniversary of the commercial implementation of the Megatons to Megawatts program, a unique government-industry...

USEC Inc. announced that its uranium enrichment plants in Paducah, Kentucky and Piketon, Ohio have been recertified by the U.S. Nuclear Regulatory Commission for five years. The recertification...

Gordon-Hagerty will be responsible for USEC’s operations, including oversight of production, regulatory affairs and advanced technology. She joins USEC from the National Security Council, where...

USEC Inc. reported net income of $3.4 million or $.04 per share for the third quarter ended September 30, compared to $1.2 million or $.01 per share in the same period last year. For the nine...

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Thursday, October 30 at 8:30 a.m. ET. The Company will release its...

In July, USEC announced that DOE would not extend funding for the Deposit Removal Program at the Portsmouth plant beyond September 30. That would have forced the termination of 116 USEC employees...

USEC executives at an international nuclear nonproliferation conference in Moscow sponsored by the Carnegie Endowment for International Peace encouraged nonproliferation advocates from a dozen...

The U.S. Court of International Trade today affirmed the U.S. Department of Commerce’s determinations on two of three general issues in the trade cases covering imports of European low-enriched...

Wright will be responsible for the strategic direction and implementation of the Company’s human resource management plans and programs for USEC’s approximately 2,700 employees. He brings over 30...

Funding for the Deposit Removal Program at the Portsmouth, Ohio Plant will not be extended after September 30, 2003. The loss of this funding from DOE will result in the termination of...

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Thursday, July 31 at 8:30 a.m. ET. The call follows the release at...

The U.S. Department of Commerce reaffirmed its position in the trade investigation of European enriched uranium imports. In response to a U.S. Court of International Trade ruling asking DOE for...

USEC is ending its funding for research and development of the SILEX laser-based uranium enrichment process. USEC has been funding R&D on the SILEX process since 1996. USEC will now focus all...

Shareholders hear that the Company continues to make progress on its strategic initiatives, including advanced technology, cost reduction and diversification. Chairman James R. Mellor also told...

USEC reported net income for its first quarter ended March 31, 2003, of $2.1 million or $.03 per share compared to net income of $4.3 million or $.05 per share in the same quarter last year....

Program has successfully eliminated the equivalent of 7,000 Russian nuclear warheads—signifying successful completion of more than one-third of this 20-year agreement to eliminate the equivalent...

In a comprehensive analysis of the corporate governance practices at America’s largest public companies, Institutional Shareholder Services has determined that USEC Inc. is among the very best of...

The U.S. Nuclear Regulatory Commission has completed its initial review of USEC Inc.’s license application for the American Centrifuge Demonstration Facility in Piketon, Ohio and found the...

“Submission of this license application is an important event for USEC, the U.S. nuclear industry and power plant operators around the world,” said Dennis Spurgeon, USEC Executive Vice President...

USEC Inc. reported a loss of $14.7 million or $.18 per share for the six-month period ended December 31, 2002, compared to earnings of $4.8 million or $.06 per share in the same period last year....

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Tuesday, February 4 at 8:30 a.m. ET. The call follows the release at...

USEC will site its Lead Cascade centrifuge uranium enrichment test facility at its Portsmouth plant in Piketon, Ohio. Operation of this advanced technology facility will demonstrate USEC...

USEC's Board of Directors has approved a change of the Company’s fiscal year end from June 30 to December 31, effective December 31, 2002. A transition report on Form 10-K, including audited...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable December 15, 2002, to shareholders of record on November...

Mr. Miller will lead all USEC activities related to identifying and pursuing opportunities for business partnerships, joint ventures and other new business arrangements. Mr. Miller has led...

USEC Inc. reported net income of $1.2 million or 1 cent per share for the first quarter ended September 30, compared to a loss of $4.7 million or 6 cents per share in the same period last year....

USEC, TENEX and the electric utilities who use the Megatons to Megawatts fuel were among those honored during the Demiurgus Peace International Award Ceremony held in Zug, Switzerland on October...

USEC has finalized a $121 million agreement with UT-Battelle LLC, approved by the U.S. Department of Energy, to expand cooperative efforts to deploy proven U.S. gas centrifuge uranium enrichment...

USEC’s Executive Vice President and Chief Operating Officer Dennis Spurgeon told the World Nuclear Association in London that USEC’s commercial-sized centrifuge module will showcase improvements...

Since its formation in 1999, the Council has served as an invaluable resource that brings a wealth of diverse expertise to bear on USEC interests and activities pertaining to the nuclear and...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable September 15, 2002, to shareholders of record on August...

Hansen will serve as USEC’s principal legal and corporate governance officer. He joined USEC in 1994 as Assistant General Counsel. In this position, he managed many of the legal aspects of USEC’s...

The U.S. and Russian governments have approved implementation of new, flexible market-based pricing terms for the remaining 12 years of the historic Megatons to Megawatts national security program...

Ferguson will be responsible for government relations and corporate communications. She has an extensive background in public affairs and communications. Her most recent position was Managing...

The Board of Directors of USEC Inc. appointed PricewaterhouseCoopers LLP as the Company’s independent accountants. PricewaterhouseCoopers is now scheduled to perform the audit of USEC’s...

The Board of Directors of USEC Inc. appointed PricewaterhouseCoopers LLP as the Company’s independent accountants. PricewaterhouseCoopers is now scheduled to perform the audit of USEC’s...

USEC Inc. will broadcast its next conference call with the financial community over the Internet on Thursday, April 25 at 8:30 a.m. ET. The call follows the release of USEC’s third quarter fiscal...

Senior U.S. District Court Judge Alexander Harvey II has dismissed a federal securities lawsuit filed against USEC Inc. related to the initial public offering of common stock in July 1998. In the...

USEC will consolidate its transfer and shipping operations at the Paducah plant. Consolidation of these operations is expected to generate about $40 million in annual cost savings beginning in...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable March 15, 2002, to shareholders of record on February 22...

USEC Inc. will broadcast its next conference call with the financial community over the Internet on Thursday, January 24 at 8 a.m. ET. The call follows the release of USEC’s second quarter fiscal...

“This agreement is a success for all of us. We will continue to work closely with the PACE union to continue to maintain our high safety and reliability records and work together towards greater...

The Board of Directors of USEC Inc. (NYSE: USU) today declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable December 15, 2001, to shareholders of...

USEC reported a loss for its first quarter ended September 30, 2001 of $(4.7) million, or $(.06) per share, compared with a profit of $4.6 million or $.06 per share in the same period last year....

Dennis Spurgeon, USEC executive vice president and chief operating officer, said, “We have a strategic vision for where we are going and the path to get there. We are improving the productivity...

The terms of the nearly half billion-dollar contract call for USEC to provide up to 100 percent of Palo Verde’s enriched uranium requirements from October 1, 2003 through the end of 2008, with...

Paquette has been a major figure in the electric utility and nuclear industries, serving as Chairman, President and Chief Executive Officer of PECO Energy Company until his retirement in 1997. He...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable September 15, 2001 to shareholders of record on August 24...

To relieve the impact of this dumping on the sole domestic enricher, USEC Inc., the DOC has determined that duties should be imposed on future imports of enriched uranium produced by Eurodif, S.A...

USEC officially notified the Department of Energy in a letter that its Portsmouth Gaseous Diffusion Plant in Ohio ceased production of enriched uranium on Friday, May 11, 2001. USEC has leased the...

Speaking at a meeting sponsored by the Carnegie Endowment for International Peace and the Monterey Institute of International Studies in Washington, D.C., Timbers enumerated the seven-year results...

USEC reported operating earnings for its third quarter ended March 31, 2001 of $8.1 million, or $.10 per share, compared to $22.6 million, or $.25 per share, in the previous year. During the nine-...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable June 15, 2001 to shareholders of record on May 25, 2001...

USEC Inc. will broadcast its next conference call with the financial community over the Internet on Thursday, April 26 at 8:30 a.m. ET. The call follows the release of USEC’s third quarter...

In compliance with the Worker Adjustment and Retraining Notification (WARN) Act, the United States Enrichment Corporation (USEC) is issuing a public notification of expected employee reductions at...

Under the terms of an agreement, the United States Enrichment Corporation (USEC), Techsnabexport (Tenex) and ConverDyn will work cooperatively on USEC’s return of natural uranium to Russia in...

USEC reported earnings for its second quarter ended December 31, 2000 of $20.9 million, or $.26 per share, compared to $32.6 million or $.36 per share in the previous year. During the six-month...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable March 15, 2001 to shareholders of record on February 23,...

Miller, USEC’s Executive Vice President, will leave to become President of PPL Generation. “I have made many friends at USEC and, working together, we have met many formidable challenges over the...

In petitions filed December 7 with the DOC and the U.S. International Trade Commission (ITC), USEC charged that its European competitors, Eurodif S.A., through its U.S. sales agent Cogema, and...

USEC's CEO outlined the vision and goals for USEC, including: increase production efficiencies and continue to reduce costs; decide in 2001 on new enrichment technology; implement market-...

The Board of Directors of USEC Inc. declared a quarterly dividend of 13.75 cents per share on USEC’s common stock. The dividend is payable December 15, 2000 to shareholders of record on November...

The call with shareholders and analysts will be open to listeners who log in through the Company’s website, www.usec.com. A link to the live call will be...

This work will enable the company to determine the feasibility of deploying a centrifuge plant in the United States, while continuing to review other technology options. The Cooperative Research...

Sewell joined USEC in 1993 and has most recently served as Vice President for Corporate Development and International Trade and Security. In that capacity, he is responsible for the implementation...

The U.S. International Trade Commission ruled that termination of an antidumping suspension agreement that limits imports of unfairly priced Russian uranium into the United States would...

USEC Inc. has completed installation of seismic modifications to upgrade the Paducah Gaseous Diffusion Plant. This ensures that all Paducah plant facilities are in compliance with U.S. Nuclear...

Under terms of the agreement, TVA will provide reliable, competitively priced electricity to the Paducah production facility beginning in September 2000. TVA will expand sales to USEC, a major...

USEC has paid $2.5 million to Silex Systems Ltd. of Australia, following the recent announcement of an Agreement of Cooperation between the United States and Australia. The Agreement makes...

Portsmouth Transfer and Shipping Operations to Remain Open; Company to Return Plant to DOE June 2002; USEC to Seek Worker Transition to Government Site Environmental Restoration Jobs

USEC has signed a power supply agreement for the summer of 2000 with the Ohio Valley Electric Corporation providing a cash benefit to USEC of $44 million ($28 million after-tax). The Company’s...

USEC Inc. reported earnings for its third quarter ended March 31, 2000 of $22.6 million or $.25 per share, compared to $16.2 million or $.16 per share in the previous year. During the nine-month...

The United States Enrichment Corporation’s Portsmouth Uranium Enrichment Plant this week concluded a historic program that diluted 14 metric tons of highly enriched uranium stockpiled by the U.S....

Yesterday’s ruling was part of the department’s "sunset review" of the agreement, which it initiated last August. The agreement, which suspended a 1991 antidumping investigation, limits...

USEC has signed an agreement with the Korea Electric Power Corporation to extend its nuclear fuel enrichment supply contract with the utility for an additional three years, from calendar year 2007...

Following a review of the Company’s financial outlook that anticipates substantially lower net income for fiscal 2001 and beyond, the Board reduced the dividend, beginning with the March 15...

Executive Vice President Jeffry E. Sterba will join Public Service Company of New Mexico as the company’s president. Sterba will commence his new responsibilities in mid-March, and it is expected...

USEC, having successfully completed its initial phase of research, it will begin funding further research on SILEX technology, an advanced laser-based uranium enrichment process. USEC has the...

Under the agreement, which has an estimated value of $725 million, USEC will provide uranium enrichment services and uranium feed to fuel TVA’s Sequoyah 1 and 2 and Watts Bar 1 commercial nuclear...

USEC's Board of Directors has decided that the Company will continue to serve under existing terms as the U.S government’s Executive Agent for the purchase of Russian enriched uranium fuel...

Building an investment in USEC Inc. has become easier, thanks to USEC-Invest. This new direct stock purchase and dividend reinvestment plan offered by the company gives investors easy-to-use...

USEC reported earnings for its first quarter ended September 30, 1999 of $16.1 million, or $.16 per share, compared to $8.6 million or $.09 per share in the previous year, excluding a special...

Rifakes said, "The USEC experience was unique, unparalleled in my career and very much appreciated. I am grateful for the opportunity I had to work with many dedicated and talented people....

A U.S. Department of Energy news release issued today says that, "The stand down will not directly affect operations of the U.S. Enrichment Corporation, which enriches uranium for use as fuel...

USEC reported earnings for the fiscal year ended June 30, 1999 of $120.6 million, or $1.21 per share, excluding a special income tax benefit and special charges related to the suspension of the...

USEC's Board of Directors approved a share repurchase program of up to 10 million shares of the company’s common stock over the next 24 months. The repurchase will be funded through internal...

The United States Enrichment Corporation, a subsidiary of USEC Inc., has taken over direct operation of its production facilities in Paducah, Kentucky and near Portsmouth, Ohio. Previously...

The Board of Directors of USEC Inc. has declared a quarterly dividend of 27.5 cents per share on USEC’s common stock. The dividend is payable June 15, 1999 to shareholders of record on May 28,...

To increase efficiencies in its uranium enrichment business, USEC Inc. is initiating the second phase of a reduction in force program for employees at its Paducah, Kentucky, and Portsmouth, Ohio,...

The Board of Directors of USEC Inc. declared a quarterly dividend of 27.5 cents per share on USEC’s common stock. The dividend is payable March 15, 1999 to shareholders of record on February 26,...

Ellsworth’s career on Capitol Hill spanned more than 21 years, beginning as Staff Director and Minority Counsel on the House Committee on Interior and Insular Affairs. In 1981, he moved to the...

USEC Inc. reported net income of $32.1 million on revenue of $422.4 million for the second fiscal quarter ended December 31, 1998. Earnings per share for the quarter were $.32. Net income for the...

Speight, who is responsible for ConverDyn's sales and marketing of UF6 conversion services to U.S. utility customers, will join USEC in early January to direct the company's North...

The changes are expected to be effective January 1, 1999. The corporate restructuring is another in a series of post-privatization initiatives consistent with streamlining operations. In November...

The meeting will be held on February 2, 1999 at 10 a.m. at the Bethesda Marriott Hotel, 5151 Pooks Hill Road, Bethesda, Maryland. Shareholders of record on December 4, 1998 will be entitled to...

USEC declared the Company’s first regular quarterly dividend payment of $.275 per share, payable December 15, 1998 to shareholders of record November 25. An annualized dividend of $1.10 per common...

USEC has initiated a site selection process for a new production facility utilizing AVLIS, its proprietary next-generation laser-based uranium enrichment process. Sites throughout the United...

To increase efficiencies in its uranium enrichment business, USEC Inc. is initiating a voluntary reduction in force program for employees at the Paducah, Kentucky, and Portsmouth, Ohio, gaseous...

The government received approximately $1.9 billion from the sale of USEC, which included the proceeds from the sale of equity securities, plus $500 million in cash from a USEC borrowing in the...

USEC is a federally chartered entity owned by the United States Government. Today's decision culminates a wide-ranging, intensive process to determine the best method of privatizing USEC, the...