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Areva Selects Idaho for $2 Billion Grassroot Uranium-Enrichment Plant


Industry Segment: Chemical Processing | Word Count: 516 Words

SUGAR LAND--June 16, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Areva Incorporated (Paris) has selected Idaho for its first U.S. uranium-enrichment facility. The site will be located about 18 miles west of Idaho Falls in Bonneville County near the U.S. Department of Energy's Idaho National Laboratory. There are only two other uranium enrichment plants being built in the United States: one in Piketon, Ohio, and the other in Eunice, New Mexico. Idaho was chosen from a short list of five states: Texas, New Mexico, Ohio and Washington.

Companies featured: USEC Incorporated's (NYSE:USU), Fluor Corporation (NYSE:FLR), General Electric (NYSE:GE), Hitachi (NYSE:HIT)

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