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”).
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, 2018.
Centrus will provide technical expertise and resources to support conceptual design of the facility, including nuclear criticality safety analysis, manufacturing equipment layout and infrastructure design, and conceptual development of fuel form transport packages.
“In 2017, Centrus completed several initiatives critical to our long-term success, including a restructuring of our balance sheet, improvements to our business operations, securing new fuel supply and sales contracts, and extending our contract to advance U.S. gas centrifuge technology for future energy and national security purposes,” said Daniel B. Poneman, Centrus president and chief executive officer.
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 March 29, 2018.
“We have been executing on our plans to diversify and expand our business, and the past quarter demonstrated our success in multiple areas,” said Daniel Poneman. “With new contracts for our nuclear fuel business, an extension of our work on U.S. uranium enrichment technology, and our expansion into the advanced reactor sector through our new partnership with X-energy, Centrus is building on our tradition as a trusted long-term partner to the nuclear industry.”
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 10, 2017, at 8:30 a.m. ET. The Company will release its third quarter 2017 earnings report for the period ended September 30, 2017, after the close of markets […]
Centrus has signed a contract with UT-Battelle to continue advancing the AC100 U.S. gas centrifuge uranium enrichment technology at the Company’s facilities in Oak Ridge, Tenn.
On September 29, 2017, U.S. Secretary of Energy Rick Perry toured the American Centrifuge Plant facilities in Piketon, Ohio, to learn about Centrus’ demonstration of advanced U.S. uranium enrichment technology at the site and the site’s potential to host a plant for national security purposes. Accompanying Perry were U.S. Senator Rob Portman, U.S Representatives Bill […]
Centrus has signed several new sales contracts in the last three months to supply its utility customers with low-enriched uranium fuel. The total value of the contracts is an estimated $70 million, with deliveries through 2025.