Eagle Rock Enrichment Facility
Areva Inc., based in Bethesda, Maryland, announced on 2008-05-06 that it will seek all necessary approval to build a uranium enrichment facility in Bonneville County, Idaho, about twenty miles west of Idaho Falls and near the Idaho National Laboratory. On 2008-08-04, the Areva group announced its proposed gas centrifuge enrichment facility will be named the Eagle Rock Enrichment Facility (EREF).
In December 2011, as part of an Areva investment freeze, the company announced a potential delay in construction until a capital solution is secured for the Eagle Rock Enrichment Facility. It is now budgeted at $3.2 billion, has a US Nuclear Regulatory Commission license and a $2 billion loan guarantee from the Energy Department. The company, which plans to use centrifuge technology at Eagle Rock, says it will start construction in late 2013 or 2014 instead of spring, 2012.
Read more about this topic: Areva
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