Sunday, December 25, 2011

Russia, Ameren sign nuclear fuel deal - St. Louis Business Journal:

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The deal, which was announced at a ceremongyin Moscow, will give Russia 20 percent of the U.S. uraniunm market, according to the wire The Russian fuel would be used initially to provide powere to 5million U.S. homes in Missouri, California and Texas, accordin g to Reuters. Until last year, U.S. anti-dumping laws had only allowedf Russia to sell the United Statesd uranium recovered from dismantled Soviet nuclear Reuters reported. A request for commenr from Ameren was notimmediately returned. St. Louis-basedr Ameren Corp. (NYSE: AEE) provides electricity to aboutg 2.4 million customers and natura l gas to almost one million customers in eastern Missourkand Illinois.
It had plans to in Callawa y County but has indefinitely postponedthose plans.

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