US DOE clears hurdle to sell its excess uraniun inventory - 0 views
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Energy Net on 29 Jun 09The US Department of Energy will issue a "no significant impact" finding on its plan to sell portions of its excess uranium inventory in the US uranium market, DOE's William Szymanski told officials Wednesday at the US Nuclear Regulatory Commission's annual fuel cycle conference. The finding stems from an environmental impact statement DOE began work on last year under the Bush administration, as the department surveyed how best to manage 59,000 metric tons of DOE-owned uranium that are now stored in cylinders. The finding soon will be published in the Federal Register, said Szymanski, the director of global nuclear fuel assurance in DOE's Office of Nuclear Energy. A statement that then-Energy Secretary Samuel Bodman issued last year states DOE believes it can sell up to 10% of the nation's annual nuclear fuel requirements on the US uranium market and "not have an adverse material impact on the domestic uranium industry." The department still "needs to cross all the 'Ts' and dot all the 'Is'" to ensure that the administration of President Barack Obama will approve such a plan, Szymanski said.