News And Updates

Category: News Releases

12.16.2024

Centrus Energy to Participate in Goldman Sachs Energy, CleanTech & Utilities Conference

BETHESDA, Md. — Centrus Energy Corp. (NYSE America: LEU) today announced that management are scheduled to participate in Goldman Sachs Energy, CleanTech & Utilities Conference on January 8. The company will participate in a fireside chat at 2:20PM ET on Wednesday, January 8, 2025, and host one-on-one investor meetings that day. To request an invitation or […]

News Releases

12.11.2024

Centrus Wins LEU Enrichment Award from U.S. Department of Energy

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 Low-Enriched Uranium (“LEU”) to meet the needs of existing and future nuclear reactors.  This is the third selection for Centrus under a series of three solicitations from the Department as part of a program to restore America’s domestic nuclear fuel supply for LEU and High-Assay, Low-Enriched Uranium (“HALEU”).   

News Releases

11.25.2024

Centrus Energy to Participate in Bank of America’s Clean Energy Symposium

BETHESDA, Md. - Centrus Energy Corp. (NYSE America: LEU) today announced that management are scheduled to participate in Bank of America’s Clean Energy Symposium on December 5. The company will participate in a panel at 1:15PM ET on Friday, December 5, and host one-on-one investor meetings that day.

News Releases

11.20.2024

Centrus Launches Additional Investment in Centrifuge Manufacturing

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. 

News Releases

11.18.2024

Centrus Appoints Neal Nagarajan as Senior Vice President and Head of Investor Relations

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.

News Releases

11.05.2024

Centrus Announces Pricing of Private Offering of $350 Million of 2.25% Convertible Senior Notes due 2030

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.

News Releases

11.04.2024

Centrus Announces Proposed Private Offering of $350 Million of Convertible Senior Notes due 2030

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.

News Releases

10.28.2024

Centrus Reports Third Quarter 2024 Results

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.

News Releases

10.23.2024

Centrus to Webcast Conference Call on October 29 at 8:30 a.m. ET

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.

News Releases

10.17.2024

Centrus Wins HALEU Enrichment Award from U.S. Department of Energy

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. 

News Releases