BETHESDA, Md. — Centrus Energy Corp. (NYSE American: LEU) today announced that the Company’s application to produce High-Assay Low-Enriched Uranium (HALEU) at its Piketon, Ohio, facility has been accepted by the Nuclear Regulatory Commission (NRC) for formal review. HALEU-based fuels will be required for most of the advanced reactor designs currently under development and may […]
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced the results of the 2020 annual meeting of shareholders held on June 17, 2020. As of the record date, April 20, 2020, there were 8,783,189 shares of Centrus Class A common stock outstanding, each entitled to one vote, and 87.67 percent of those shares were […]
“I am pleased that, in this challenging time, we are able to report a positive net income for the quarter. This is the result of the hard work we’ve done in recent years to diversify our business,reduce our debt, and lower our cost structure,” said Dan Poneman, Centrus president and chief executive officer. “We are continuing to make progress on the HALEU program, even as we have limited our operations to protect the health and safety of our employees and their families.”
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, May 12, 2020, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2020, which ended March 31, 2020, after the close of markets on […]
BETHESDA, Md. – The Government of Japan has announced that Centrus Energy Corp. (NYSE American: LEU) President and CEO Daniel B. Poneman will be awarded the Order of the Rising Sun, Gold and Silver Star by the Emperor of Japan. This is one of the highest decorations that any foreigner can receive, and comes “in […]
WASHINGTON, D.C. and BETHESDA, Md. — Advanced Reactor Concepts, LLC, and Centrus Energy Corp. (NYSE American: LEU) have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium (HALEU) – an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, […]
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) welcomed the release of today’s report from the White House Nuclear Fuel Working Group Report, which calls for “immediate action to support domestic uranium miners and restore the viability of the entire front-end of the nuclear fuel cycle” so that we can meet our national security […]
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that on April 13, 2020 it entered into a Voting and Nomination Agreement with Mr. Morris Bawabeh, Kulayba LLC and M&D Bawabeh Foundation, Inc., (MB Group) who collectively are beneficial owners of approximately 18.1% of the outstanding shares of Class A common stock as […]
“With lower cost of sales in our LEU segment and reduced overhead, we improved our performance significantly in 2019,” said Daniel B. Poneman, Centrus president and chief executive officer. “We also continue to see significant growth potential in our technical solutions segment as we demonstrate our ability to produce HALEU to fuel the next generation of advanced reactors around the world. I also want to assure our shareholders and stakeholders that we are taking vigilant and vigorous steps to address the coronavirus threat, as the health and safety of our employees and their families is of paramount concern.”