Oct. 9, 2009 (GlobeNewswire) --
DALLAS, Oct. 9, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring uranium enrichment company USEC Inc. (NYSE:USU). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on USEC Inc. (NYSE:USU) should be of particular interest to comparable metals and mining companies: Cameco Corp. (NYSE:CCJ), Teck Resources Ltd. (NYSE:TCK), Peabody Energy Corp. (NYSE:BTU) and Uranium Resources Inc. (Nasdaq:URRE).
The full report is available at: http://www.stockpreacher.com/n/USU
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USEC Inc. (USU), a global energy company, supplies low enriched uranium (LEU) for commercial nuclear power plants worldwide. LEU is a critical component in the production of nuclear fuel for nuclear reactors to produce electricity. Through its subsidiary, the United States Enrichment Corp. the Company operates the only uranium enrichment facility in the U.S. and supplies more than half of the U.S. market and more than a quarter of the world market. USU is the U.S. government's executive agent for the Megatons to Megawatts program, a 20-year, $8 billion U.S.-Russian agreement to convert uranium from warheads into nuclear fuel. The Company also performs contract work for the United States Department of Energy (DOE) and its contractors at the Paducah and Portsmouth gaseous diffusion plants (GDPs); provides transportation and storage systems for spent nuclear fuel. In addition, the Company provides nuclear and energy consulting services.
Message Board Search for USU: http://www.boardcentral.com/boards/USU In the report, the analyst notes:
"The Company is in the process of demonstrating its next-generation American Centrifuge uranium enrichment technology, which is based on U.S. centrifuge technology, a proven, workable technology developed by the U.S. Department of Energy (DOE) from 1960 through the mid-1980s.
"Despite the disappointing decision, USU moved forward with its American Centrifuge demonstration activities, evaluating how best to configure the project on a go-forward basis, and seeking to reduce technical and financial risk for the project. With DOE's decision, the Company was forced to begin demobilizing the project in August, resulting to 1,000 job losses over the past six weeks."
To read the entire report visit: http://www.stockpreacher.com/n/USU
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