ML20133J452

Requests Addl Info Re Proposed Allocation of 740 Kg U to Mallinckrodt Nuclear Corp

ML20133J452
Person / Time
Site:	07000036
Issue date:	06/08/1960
From:	Campbell W US ATOMIC ENERGY COMMISSION (AEC)
To:	Johnson L US ATOMIC ENERGY COMMISSION (AEC)
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References
FOIA-96-343 NUDOCS 9701210022
Download: ML20133J452 (2)

Text

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qO' UNITED STATES GOVERNMENT Memorandum To

Lyall E. Johnson, Chief, Licensing Branch DATE:

Div on of Licensing and, egulation stantControhrforAccounting FROM : W su Ecr: ALIDCATION OF MATERIAL TO MALLINCKROUf NUCLEAR CORPORATION Symbol: FAc:MKK We have reviewed a proposed allocation of 740 kgs of highly enriched U and 100 kgs of 20% enriched U to Mallinckrodt Nuclear Corporation. The value of this material is

$11,689,440. According to the records maintained in the Oak Ridge Operations Office, Mallinckrodt already has material on hand valued at $3,558,845 In order to analyze the financial responsibility of this company, we feel that the following additional information is necessary:

1.

What is the maximum value of special nuclear material Mallinckrodt expects to have on hand at any time during the next fiscal yeart 2.

What is the maximum amount of such material that could be lost in an accident? Is any part of such a loss covered by insurance? If so, how macht 8

3 What is Mallinckrodt Nuclear Corporation s financial position ss indicated by financial statements that are not more than 90 days old?

If you or the licensee wish to discuss with us any of the requested infonnation, we shall be glad to do so at any time.

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Lyall E. Johnson, Chief, Licensing Branch Division of Licensin8 and Regulation

'DWNiDJ.Nisnu.s,bli WalkerE. damp f5 Assistant Controller for Accounting l.

ALIACATION OF MATERIAL TO MALLDK'KRODT EUCIZAR CORPORATION Symbols FAc:MIK i

We have mytowed a proposed allocation of 72 kgs of highly i

enriched U and 100 kas of SK$ enriched U to M=114= kvodt l

D elmar Corporation. The value of this material is i

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$11,689,440. According to the records maintaiand in the Oak Ridge Operations Office, M=114=ekvodt already i

has material en head valued at 43,558,845 In order to i

analyse the financial msponsibility of this ccispany, we feel that the following additional information is necessary 4

1.

What is the agri== valns of special nuclaer asterial I

um114=ekmdt aspects to have on head at any time during the most fiscal yeart i

2.* What is the masiimma amount of sash material that ooald be lost la en ace 14 matt Is any part of such a loss covered by insuramoet If so, hov eneht 1

3. M et is um114==hwodt anelmar Cooperation's flasseial positian as imaim by ff===mimi sW= that; ese est mass than 90 days alAt sequested 1% ve shall be glad to en as at any time.

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