FOR IMMEDIATE RELEASE 
May 3, 1995 

Department of Energy to Raise $75 Million Through Asset Sales

DOE's Cold War mission left the Department with a stockpile of assets
in excess of its currently anticipated needs.  Assets include more than 
10,000 pounds of precious metals (e.g., gold, silver, platinum), more than 
five tons of other metals and thousands of tons of chemicals.  The 
Department will sell surplus assets to generate at least $75 million in 
receipts and reduced overhead costs associated with storage, security and 
handling.

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