News And Updates

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee.  The company will invest an additional approximately $60 million of funding for this effort over the next 18 months to lay the groundwork to support a potential large-scale expansion of uranium enrichment at the Centrus’ American Centrifuge Plant in Piketon, Ohio.  Such a large-scale expansion would require a multi-billion dollar public and private investment. 

BETHESDA, Md. – Centrus Energy (NYSE American: LEU) today announced that it has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations effective today.

BETHESDA, Md. – Centrus Energy Corp. today announced the pricing of $350 million aggregate principal amount of 2.25% Convertible Senior Notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

BETHESDA, Md. – Centrus Energy Corp. today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of Convertible Senior Notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) (“Centrus” or the “Company”) today reported third quarter 2024 results. The Company reported a net loss of $5.0 million for the three months ended September 30, 2024, which is $0.30 (basic and diluted) per common share.

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, October 29, 2024, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2024, which ended September 30, 2024, after the close of markets on Monday, October 28.

BETHESDA, Md. – Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC (“ACO”), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development. 

BETHESDA, Md. – Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC (“ACO”), has won an award from the U.S. Department of Energy to support deployment of technology and equipment to deconvert High-Assay, Low-Enriched Uranium (HALEU) from uranium hexafluoride (UF6) to uranium oxide and/or uranium metal forms, a key step in the nuclear fuel production process. 

Bethesda, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that management are scheduled to participate in TD Cowen’s 2024 Nuclear Fuel & Next Generation Virtual Roundtable on October 8. The company will participate in a fireside chat at 1:05PM ET on Tuesday, October 8, and host one-on-one investor meetings that day.

WASHINGTON, D.C. – At a special briefing for policymakers on Capitol Hill today, Centrus said that the $3.4 billion that Congress has made available for domestic nuclear fuel production should be focused on deploying American uranium enrichment technology that is manufactured in the United States, by American workers, as opposed to foreign-origin centrifuge technologies that are manufactured overseas.