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”).
Mikel H. Williams elected chairman of the board; Chief Restructuring Officer John R. Castellano named interim CEO; John Welch to step down later this month; Board establishes committee assignments