DOE to assist Ohio uranium plant project

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DOE to assist Ohio uranium plant project

Cleveland Plain Dealer – The Department of Energy said friday that it plans to work with the developer of a uranium enrichment project in southern Ohio on research and development to reduce technical and financial risks that have held up the developer’s application for a $2 billion loan guarantee…

Ohio’s U.S. Sen. Sherrod Brown, a Democrat, called the agreement a positive step for southern Ohio and said the project “shows that when we transcend partisan politics, we can do big things.”

“If the centrifuge project is successful, Brown said, it could bring as many as 4,000 construction jobs and 400 long-term, full time jobs to Piketon.

“This is the most significant step yet in realizing the thousands of jobs that would be created through the American Centrifuge Project,” said Brown, who also has encouraged the Obama administration to move forward with the loan approval process.

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