News And Updates

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

04.17.2015

Centrus Energy Corp. Announces Management Transition

Senior Vice President and Chief Operating Officer Robert Van Namen will be stepping down from his position at Centrus on May 29, 2015

News Releases

03.16.2015

Centrus Reports Year-end 2014 Results

$297.8 million net income primarily driven by net reorganization items; Cash balance of $218.8 million at December 31, 2014; Year-end 2015 cash balance expected to be in the range of $175 to $200 million

News Releases

03.11.2015

Centrus to List Shares on NYSE MKT

Centrus believes that the NYSE MKT trading platform is a better fit for its anticipated market capitalization and daily trading volume while allowing the Company to maintain its long-term relationship with the NYSE.

News Releases

03.05.2015

Daniel Poneman Selected as Centrus President and CEO

Former deputy secretary of energy has decades of leadership in nuclear power; Poneman joins Centrus at pivotal moment to lead effort to move the Company forward; Sees key role for the American Centrifuge technology in providing a domestic source of uranium enrichment for national security and energy security

News Releases

01.23.2015

Centrus’ American Centrifuge Technology Demonstration and Operations Agreement Extended

Oak Ridge National Laboratory exercises six-month option to continue demonstration and operation of sole U.S. uranium enrichment technology

News Releases

12.17.2014

Statement: Omnibus Appropriations Bill Funds Continued Demonstration Program for the American Centrifuge Technology

A Statement from Centrus about the FY2015 omnibus appropriations bill signed by President Obama on December 16, 2014.

News Releases

11.14.2014

Centrus Reports Third Quarter 2014 Results

$418.9 million net income primarily driven by net reorganization items; Return of Paducah GDP facility reduces future non-production expenses; Cash balance of $105.4 million at September 30, 2014; Year-end 2014 cash balance expected to be greater than $150 million

News Releases

11.10.2014

Centrus to Webcast Conference Call on November 14 at 9 a.m. ET

Centrus will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 14, 2014 at 9:00 a.m. ET. The Company will release its third quarter 2014 earnings report for the period ended September 30, 2013, prior to the call on November 14.

News Releases

11.03.2014

Centrus Energy Corp. Regains Compliance with NYSE Listing Standards

Centrus has received notification from the New York Stock Exchange that the Company has regained compliance with the NYSE’s continued listing standards.

News Releases

10.21.2014

Centrus Subsidiary Completes Return of Paducah Gaseous Diffusion Plant to DOE

United States Enrichment Corporation, a subsidiary of Centrus Energy Corp. (NYSE: LEU), today returned full control of the 750-acre uranium enrichment complex near Paducah, Ky. to the U.S. Department of Energy (DOE). The transfer of control occurred at 7:00 a.m. CT and followed a year-long process to prepare the plant for a return to full DOE control.

News Releases