Colo. reaches agreement with uranium-mill owner over bond dispute

01/18/2012 | Pueblo Chieftain (Colo.), The

A company that announced plans last month to shutter a uranium mill in Colorado has reached a deal with the state relating to its surety bond. The company agreed with the state to increase its bond for cleanup of the site to $6.8 million. The project also carries a $20.8 million financial assurance to terminate the radioactive-materials license. The decommissioning process for the mill could last as long as 15 years.

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Pueblo Chieftain (Colo.), The

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