Shares of USEC were trading up 6 percent at $4

Shares of USEC were trading up 6 percent at $4.78 Mondaymorning on the New York Stock Exchange. For the alerts, please double click [ID:nWNAB0897] (Reporting by Arup Roychoudhury in Bangalore; Editing by AnnePallivathuckal) (; within U.S +1 646 2238780; outside U.S. Under the settlement, the parties will immediately withdrawor request dismissal of all pending appeals and U.S Departmentof Commerce proceedings. USEC said it expected to realize about $70 million noearlier than the fourth quarter from estimated duties depositedby Areva's holding company, Eurodif SA, as a result of thesettlement.

"This is expected to bring to an end all pending litigationand administrative proceedings regarding DOC's 2002anti-dumping duty order, which now is expected to remain inplace until at least.. 2012," the company said In January, the U.S. Supreme Court ruled in favor of USECand the federal government, when it said that uranium importsunder all kinds of contracts were subject to U.S. trade laws.The ruling was a defeat for Areva, which had supplied theimported uranium at issue in the case. * Companies to withdraw all pending appeals Stocks  |  Global Markets * USEC says to realize $70 mln no earlier than Q4 * USEC shares up 6 pct May 18 (Reuters) - Uranium fuel supplier USEC Inc (USU.N)and its French competitor Areva (CEPFi.PA) said they agreed tosettle pending appeals related to an anti-dumping caseinvolving imports of French low-enriched uranium.

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