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

05.08.2023

Centrus Reports First Quarter 2023 Results

Centrus Energy Corp. (NYSE American: LEU) today reported first quarter 2023 results. The Company reported net income of $7.2 million for the three months ended March 31, 2023, compared to a net loss of $0.4 million for the three months ended March 31, 2022. The net income per common share in the three months ended March 31, 2023 was $0.49 (basic) and $0.47 (diluted).

News Releases

05.04.2023

Centrus to Participate in B. Riley Securities’ 23rd Annual Institutional Investor Conference

Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman, Chief Executive Officer, and Kevin Harrill, Chief Accounting Officer, are scheduled to participate in a fireside chat at B. Riley Securities’ 23rd Annual Institutional Investor Conference on Thursday, May 25th, in Beverly Hills, California, at 1:00pm PT.

News Releases

04.26.2023

Centrus to Webcast Conference Call on May 9 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, May 9, 2023, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2023, which ended March 31, 2023, after the close of markets on Monday, May 8.

News Releases

03.22.2023

Centrus to Participate in Second Annual Guggenheim Securities Investing in Advanced Nuclear Energy: Meeting Clean Energy Needs Across the Economy Conference

Centrus Energy Corp. today announced that Daniel B. Poneman, Chief Executive Officer, is scheduled to participate in a panel titled “Building out the Advanced Nuclear Energy Supply Chain” at Guggenheim Securities’ Second Annual Investing in Advanced Nuclear Energy: Meeting Clean Energy Needs Across the Economy Conference in New York City, New York, on Thursday, March 30, 2023.

News Releases

02.27.2023

Centrus to Participate in 35th Annual Roth Capital Partners Conference March 12-14

Bethesda, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that Philip Strawbridge, Chief Financial Officer, is scheduled to participate in Roth Capital Partners’ 35th Annual Conference on March 12th through 14th in Dana Point, California.

News Releases

02.13.2023

Centrus to Webcast Conference Call on February 22 at 8:30 a.m. ET

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, February 22, 2023, at 8:30 a.m. ET. The Company will release its fourth quarter and year-end earnings report for 2022, which ended December 31, 2022, after the close of markets on Tuesday, February 21.

News Releases

02.09.2023

Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

Centrus Energy Corp. announced that it has completed construction of a cascade of advanced uranium enrichment centrifuges as well as most of the associated support systems.  This milestone puts Centrus on track to begin demonstrating first-of-a-kind production of High-Assay, Low-Enriched Uranium (HALEU) in Piketon, Ohio, by the end of 2023, after completing remaining support systems and obtaining final approval from the Nuclear Regulatory Commission. 

News Releases

12.01.2022

Centrus Energy Finalizes Contract with U.S. Department of Energy to Complete HALEU Cascade Construction and Produce HALEU for Up to 10 Years

Centrus Energy Corp. announced that its wholly-owned subsidiary, American Centrifuge Operating LLC, has signed a definitized contract with the U.S. Department of Energy (DOE) to pioneer production of High-Assay, Low-Enriched Uranium (HALEU) at its facility leased from DOE in Piketon, Ohio. 

News Releases

11.10.2022

U.S. DOE PRESS RELEASE: DOE Announces Cost-Shared Award for First-Ever Domestic Production of HALEU for Advanced Nuclear Reactors

The U.S. Department of Energy (DOE) today announced an approximately $150 million cost-shared award with American Centrifuge Operating, LLC of Bethesda, Maryland, a subsidiary of Centrus Energy Corp, to demonstrate the nation’s ability to produce high-assay low-enriched uranium (HALEU)—a crucial material needed to develop and deploy advanced reactors in the United States.

News Releases