News And Updates

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. 

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 to support deployment of technology and equipment to deconvert High-Assay, Low-Enriched Uranium (HALEU) from uranium hexafluoride (UF6) to uranium oxide and/or uranium metal forms, a key step in the nuclear fuel production process. 

Bethesda, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that management are scheduled to participate in TD Cowen’s 2024 Nuclear Fuel & Next Generation Virtual Roundtable on October 8. The company will participate in a fireside chat at 1:05PM ET on Tuesday, October 8, and host one-on-one investor meetings that day.

WASHINGTON, D.C. – At a special briefing for policymakers on Capitol Hill today, Centrus said that the $3.4 billion that Congress has made available for domestic nuclear fuel production should be focused on deploying American uranium enrichment technology that is manufactured in the United States, by American workers, as opposed to foreign-origin centrifuge technologies that are manufactured overseas. 

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) and Korea Hydro & Nuclear Power (KHNP) announced today that they have entered into a contingent supply commitment to support construction of new uranium enrichment capacity at Centrus’ American Centrifuge Plant in Piketon, Ohio.  The purchase commitment from KHNP covers a decade of deliveries of Low-Enriched Uranium (LEU) to help fuel Korea’s large fleet of reactors. 

Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming investor conferences.

BETHESDA, Md. – Today Centrus Energy (NYSE American: LEU) announced that its Board of Directors has appointed Stephanie O’Sullivan to the Board.  The Board also welcomed the election of Ray Rothrock at its June 20, 2024 annual meeting.

“Centrus delivered strong revenues and margins for shareholders this quarter as we continue progressing towards our long-term goal of restoring domestic uranium enrichment capability at scale,” said Centrus President and CEO Amir Vexler. “Meanwhile, the U.S. Department of Energy has issued a series of request for proposals (“RFPs”) to jump-start domestic nuclear fuel production, backed by more than $3.4 billion in appropriations from Congress – the largest federal investment in uranium enrichment in decades. We are vigorously competing for this funding as we believe it represents a historic opportunity to restore America’s nuclear fuel supply chain with U.S. technology built by American workers.”

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 7, 2024, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2024, which ended June 30, 2024, after the close of markets on Tuesday, August 6.