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

03.03.2022

Centrus to Webcast Conference Call on March 11 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 Friday, March 11, 2022, at 8:30 a.m. ET. The Company will release its fourth quarter and full year earnings report for 2021, which ended December 31, 2021, after the close […]

News Releases

12.17.2021

Centrus Announces Redemption of All Outstanding Series B Senior Preferred Stock

“Eliminating the last of our preferred shares is a major milestone in our ongoing effort to strengthen our balance sheet for long-term success,” said Centrus Energy President and CEO Daniel B. Poneman. 

News Releases

12.14.2021

Centrus Energy and Clean Core Thorium Energy Advance Work to Develop Next-Generation Fuel for Existing and New Reactors

Bethesda, Md. and Chicago – Centrus Energy Corp President and CEO Daniel B. Poneman today congratulated Clean Core Thorium Energy and Texas A&M on successfully fabricating the first sample pellets of a next-generation nuclear fuel called ANEEL (Advanced Nuclear Energy for Enriched Life). Centrus and Clean Core have been working together under a memorandum of understanding signed earlier this year to promote Clean Core’s advanced nuclear fuel, which will combine thorium with High-Assay, Low-Enriched Uranium (HALEU) produced by Centrus.   

News Releases

11.23.2021

Centrus Announces Final Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

BETHESDA, MD. -- Centrus Energy Corp. today announced the final results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.18.2021

Centrus Announces Preliminary Results of Its Cash Tender Offer to Purchase Its Series B Senior Preferred Stock and Related Consent Solicitation

Centrus Energy Corp. today announced the preliminary results of its tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share at a purchase price per share (inclusive of any rights to accrued but unpaid dividends) of $1,145.20 in cash, less any applicable withholding taxes, and the related consent solicitation to amend the certificate of designation of the Series B Preferred Shares. The Offer and Consent Solicitation expired at 5:00 p.m., Eastern time on Thursday, November 18, 2021.

News Releases

11.17.2021

Oklo Teams Up with Centrus to Produce U.S.-based Fuel Supply to Support the Commercialization of Advanced Fission

Oklo Inc. and Centrus Energy Corp. have signed a non-binding Letter of Intent to cooperate in the deployment of a High-Assay, Low-Enriched Uranium production facility.  HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants.  Both companies are committed to working toward establishing domestic HALEU production capabilities to support the commercialization of Oklo’s power plants.

News Releases

11.10.2021

Centrus Reports Third Quarter 2021 Results

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share.

News Releases

11.08.2021

Centrus to Webcast Conference Call on November 11 at 8:30 a.m. ET

BETHESDA, Md. – Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 11, 2021, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2021, which ended September 30, 2021, after the close of markets on Wednesday, November 10.

News Releases

11.02.2021

X-energy Completes Preliminary Design of TRISO-X Fuel Fabrication Facility, Signs Contract with Centrus Energy for Next Phase of Work

X-energy and Centrus Energy Corp. announced that preliminary design of X-energy’s TRISO-X Fuel Fabrication Facility has been completed and that the companies have signed a contract for Centrus to continue its work as the project enters its next phase. 

News Releases

10.20.2021

Centrus Announces Commencement of Cash Tender Offer to Purchase All of Its Outstanding Series B Senior Preferred Stock and Consent Solicitation

Centrus announced that the Company is commencing a tender offer to purchase all of its outstanding Series B Senior Preferred Stock.

News Releases