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”).
08.05.2019
Centrus to Webcast Conference Call on August 12 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through August 26, 2019.
05.15.2019
Supporting Clean Energy in Ohio
Centrus President and CEO Daniel Poneman provided testimony to the Energy and Natural Resources Committee of the Ohio House of Representatives on Wednesday, May 15, 2019 in support of HB.6. The proposed bill would create a new clean energy fund in Ohio that would support the continued operation of the state’s largest sources of clean energy: the Perry and Davis-Besse nuclear plants in northern Ohio.
05.08.2019
Centrus Reports First Quarter 2019 Results
“Our first quarter results show progress on our path to align our cost-structure with our current business and grow our order book, keeping us on track to return to profitability in 2020,” said Daniel Poneman, Centrus president and chief executive officer. “We expect to continue to see improved results during the year as we fulfill future sales with lower-cost supplies and our reduced operating expenses.”
05.02.2019
Centrus to Webcast Conference Call on May 9 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through May 23, 2019.
04.04.2019
Centrus Energy Corp. Approves Extension of Section 382 Rights Agreement
Centrus’ Board of Directors has approved a second amendment to the Company’s Section 382 Rights Agreement designed to preserve Centrus’ substantial tax assets associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code
03.28.2019
Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2018
“Declining prices in the enrichment market were the biggest driver in our losses for the year, but the market has finally begun to turn around and we made a number of important strides that will improve the fundamentals of our business moving forward,” said Daniel B. Poneman, Centrus president and chief executive officer.
03.27.2019
Statement: Bipartisan Nuclear Energy Leadership Act Would Help the U.S. Win the Global Race to Build and Fuel the Reactors of Tomorrow
“This practical, bipartisan legislation would leverage American innovation so that we can lead the way in building and fueling the next generation of advanced reactors here at home and around the world. Reclaiming America’s position as a major supplier of commercial nuclear technologies through the deployment of advanced reactors and fuel would create high-wage, clean energy jobs while supporting our energy security and nonproliferation efforts."
03.25.2019
Centrus to Webcast Conference Call on March 29 at 8:30 a.m. ET
The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through April 12, 2019.
12.11.2018
Progress Update: Reducing Long-Term Debt
Last week, Centrus took another step forward in its larger effort to reduce, restructure, and retire its long-term debt. Since these actions have unfolded in several phases, the Company is providing a more comprehensive update on what the effort has achieved. At the end of 2015, the Company’s debt stood at approximately $247.6 million; the […]
11.29.2018
X-energy and Centrus Begin Advanced Nuclear Fuel Fabrication Facility Design
“This collaboration between X-energy and Centrus puts our two companies at the forefront of the effort to supply the fuel for the next generation of nuclear reactors,” said Daniel Poneman, president and CEO of Centrus. “We see great promise in this market and believe the advanced TRISO fuel to be produced in this facility will offer an attractive and competitive solution to power advanced reactors around the world.”