Category: News Releases
03.08.2016
Centrus Announces Multiple New Sales Contracts Valued at $165 Million
Centrus Energy Corp. (NYSE MKT: LEU) announced today that it has signed several new sales contracts in the last nine months to supply its utility customers with enriched uranium fuel.
02.19.2016
Centrus Completes American Centrifuge Demonstration in Ohio; Workforce Reductions to Begin
Centrifuge research, engineering and testing work will continue in Oak Ridge, Tenn.; Ohio centrifuge cascade to be demobilized after successful three-year demonstration; Centrus preserving NRC license and options for future use of Ohio facility
01.28.2016
Centrus Energy Corp.’s Continued Listing Plan Accepted by NYSE MKT
NYSE MKT has accepted Centrus’ plan to regain compliance with the exchange’s continued listing standards, and the company’s common stock will continue to be traded on the exchange, subject to ongoing monitoring by the exchange and the Company’s compliance with all other applicable NYSE MKT requirements.
01.06.2016
Centrus Establishes Advisory Board of Distinguished National Security and Business Leaders
Members of the board have advised U.S. presidents of both parties, served at the highest levels of government and industry, and have deep subject-matter expertise. The diverse membership reflects a broad consensus about the importance of maintaining U.S. leadership in uranium enrichment and nuclear power.
12.22.2015
Centrus and TENEX Agree on Decade of Reliable Supply
Centrus and TENEX have reached agreement to modify the terms of the long-term supply contract the two companies signed in 2011 and to extend their contractual relationship through 2026.
12.16.2015
Omnibus Appropriations Legislation Supports Continued Advances in U.S. Enrichment Technology
Funding for research, development and demonstration continues
11.23.2015
Centrus Receives Non-Compliance Notice from NYSE MKT
Company remains listed on NYSE MKT; Expects strong 4th Quarter revenues; Reiterates annual guidance for revenue and cash balance
11.10.2015
Centrus Reports Third Quarter 2015 Results
Cash balance of $180.3 million at September 30, 2015; Year-end 2015 cash balance expected to be in range of $175 - $200 million; $55.1 million net loss includes remeasurement of pension obligations and a special charge for anticipated workforce reductions; Approximately 40 percent of annual revenue expected in the fourth quarter
11.05.2015
Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET
The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section, and a webcast replay will be available through November 25, 2015.
09.11.2015
ORNL Will Extend Centrus’ Contract for Advanced Uranium Enrichment Centrifuge Research at Reduced Level
Centrus confirmed today that ORNL has informed Centrus that it intends to extend its contract with the Company at a reduced level for research on the world’s most advanced uranium enrichment centrifuges.