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USEC Gets Korea Contract

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-10-25
BETHESDA, Md. (AP) -- Uranium enricher USEC Inc. on Wednesday said it signed a contract worth about $400 million with Korea Hydro & Nuclear Power Co. Ltd. for enriched uranium.

The units will be used for the South Korea-based utility's operating and planned light-water nuclear power reactors, USEC said.

The new contract runs through 2013 and covers new deliveries of enriched uranium, as well as improved terms on existing commitments, USEC said.

USEC shares rose 10 cents to $8.42 in afternoon trading.

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