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NUCLEAR METALS ANNOUNCES RECEIPT OF $2.2 MILLION CONTRACT TO INSTALL FACILITY

 CONCORD, Mass., Dec. 2 ~PRNewswire~ -- NMI, (NASDAQ-NMS: NUCM) a manufacturer of specialized metal products, today announced the receipt of a $2.2 million contract to install a facility at the Concord, Mass. plant to recycle Depleted Uranium machining chips into usable raw material. The contract which will cover a 22-month period, applies NMI's patented Hydromet Recycle Process. The contract contains a license provision for the U.S. Army to apply this technology at other facilities based on the payment of royalties to NMI. NMI received the Hydromet patent in 1987.
 -0- 12~2~92
 ~CONTACT: Daral D. Ferguson, vice president, finance of Nuclear Metals, Inc., 508-369-5410~
 (NUCM)


CO: Nuclear Metals, Inc. ST: Massachusetts IN: MNG SU: CON

CH -- NE005 -- 2808 12~02~92 10:26 EST
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Publication:PR Newswire
Date:Nov 30, 1992
Words:126
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