DOE's Depleted Uranium Could Be Worth Billions: GAO

Law360, New York (April 2, 2008, 12:00 AM EDT) -- The U.S. government could generate billions of dollars from the sale of depleted uranium now in storage if it could get authorization from Congress, according to a report from the U.S. General Accounting Office.

The report, commissioned by the energy committees in the House of Representatives and the Senate, found that 700,000 metric tons of depleted uranium “tails” owned by the Department of Energy could be worth $7.6 billion, owing to a dramatic spike in uranium prices over the past several years.

A 1996 law governing...
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