News And Updates

Tag: LEU

04.20.2026

Centrus Energy Selects Geiger Brothers as Construction Contractor for Major Uranium Enrichment Plant Expansion

Selection expands Centrus’ growing best-in-class partnership network and provides avenues for potential cost mitigation Bethesda, Md. — Centrus Energy Corp. (NYSE: LEU) today announced that it has selected Geiger Brothers, Inc. as the construction contractor for the Company’s previously announced, multi‑billion‑dollar expansion of its uranium enrichment capacity in Piketon, Ohio. This marks another major milestone […]

News Releases

02.11.2026

Centrus and Fluor Partner to Advance Major Expansion of Ohio Uranium Enrichment Plant

Strategic partnership with best-in-class EPC demonstrates Centrus’ commitment to operational excellence Bethesda, Md. – Centrus Energy (NYSE: LEU) today announced that its subsidiary, American Centrifuge Operating, LLC, has agreed to a strategic collaboration with Fluor (NYSE: FLR) to serve as its Engineering, Procurement and Construction (EPC) contractor as Centrus proceeds with its previously announced multi-billion-dollar […]

News Releases

01.23.2026

Centrus to Expand Oak Ridge Centrifuge Manufacturing Plant to Facilitate Large-Scale Deployment

Nuclear fuel supplier to create nearly 430 jobs and invest more than $560 million in Oak Ridge Project supports large-scale restoration of domestic uranium enrichment capability OAK RIDGE, Tenn. – Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Centrus Energy President and CEO Amir Vexler […]

News Releases

12.19.2025

Centrus Launches Commercial LEU Enrichment Activities

Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports Centrifuge manufacturing begins New enrichment capacity expected to come online in 2029 BETHESDA, MD — Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at […]

News Releases

09.25.2025

Centrus Details Plans to Add At Least 300 New Jobs in Southern Ohio With Multi-Billion-Dollar Investment

Hiring Underway In Advance of Federal Funding Decisions High-Resolution Images and B-roll Available  Chillicothe, OH – Centrus Energy (NYSE American: LEU) is joining with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor, JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development, today to announce plans for a major […]

News Releases

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

09.24.2024

At Capitol Hill Briefing, Centrus Says $3.4 Billion Federal Investment in Nuclear Fuel Production Should Prioritize American Technology, Built by American Workers

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. 

News Releases

09.11.2024

Centrus and KHNP Sign Long-Term Supply Commitment

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. 

News Releases

09.14.2022

Centrus Secures $320 Million in New Sales Contracts and Commitments

BETHESDA, Md. – Centrus Energy Corp. announced that it has secured new nuclear fuel sales contracts and commitments with an estimated value of approximately $320 million in the last 12 months -- including approximately $270 million year-to-date.

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