The Environmental Protection Agency announces a five-year $236M project aimed at cleaning up radioactive waste at a suburban St. Louis landfill by removing thousands of tons of radioactive material illegally dumped more than 40 years ago.
Under the plan, ~70% of the worst contamination will be removed with the rest contained within a permanent cap that will provide "additional protection to the community over the long term," the EPA says.
The cleanup cost is expected to be split between the U.S. Department of Energy; Exelon (NYSE:EXC), which formerly owned uranium processor Cotter Corp.; and two entities of Republic Services (NYSE:RSG), which acquired the landfill through a merger several years ago.
The landfill is one of more than 1,300 sites in the Superfund program, which manages places highly contaminated by lead, asbestos, radiation and other pollutants.
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