USEC (USU) details Q4 expenses, saying expects to log a significant Q4 and FY11 loss related to...

|By:, SA News Editor

USEC (USU) details Q4 expenses, saying expects to log a significant Q4 and FY11 loss related to the expensing of a number of its AC100 centrifuge machines used in its lead cascade test program. The centrifuges were determined not to be compatible with the commercial plant design for the American Centrifuge Plant.