News And Updates

03.23.2021

Centrus Provides Update on Construction of America’s First HALEU Production Facility

BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation’s first production facility for High-Assay, Low-Enriched Uranium (HALEU) in Piketon, Ohio.  “Despite the impact of the pandemic and the extraordinary steps we have taken to protect our workforce – including limiting the number of people who can be on the construction site at any one time – we have kept construction on track and expect to begin producing HALEU by  next year,” said Centrus President and CEO Daniel B. Poneman.  “We believe this first-of-a-kind facility can play a critical role in meeting both government and commercial requirements for HALEU, powering America’s nuclear leadership as the world turns to a new generation of advanced reactors and advanced nuclear fuels.”

News Releases

03.18.2021

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2020

“Despite the unprecedented health crisis posed by COVID-19, with a large portion of our staff shifting to telework, Centrus has had a great year that saw us return to profitability, improve our balance sheet, and deliver value to stockholders with a higher share price,” said Daniel Poneman, Centrus President and Chief Executive Officer. “Our technical solutions team continues to make strong progress on the High-Assay, Low-Enriched Uranium (HALEU) program and we expect to begin demonstrating production of HALEU by early next year. Our sales team also secured over $100 million in new commitments from November through the end of January.”

News Releases

03.12.2021

Centrus to Webcast Conference Call on March 19 at 8:30 a.m. ET

Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, March 19, 2021, at 8:30 a.m. ET.

News Releases

01.23.2021

Centrus Welcomes Appointment of Christopher Hanson as Chair of the Nuclear Regulatory Commission

Christopher Hanson is a highly qualified, experienced, and widely respected regulator.  He is a great choice to lead the NRC at such an important time, as the agency continues to modernize  and as a new generation of advanced reactors with inherent safety features move through the licensing process. 

News Releases

11.20.2020

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

Centrus Energy Corp. announced the final results of its tender offer to purchase up to $60 million of its Series B Senior Preferred Stock.

News Releases

11.18.2020

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

Centrus Energy Corp. today announced the preliminary results of its tender offer to purchase up to $60 million of its Series B Senior Preferred Stock.

News Releases

11.12.2020

Centrus Reports Third Quarter 2020 Results

“This has been an exciting quarter for the company, with the launch of the Department of Energy’s Advanced Reactor Demonstration Program – which could jump-start commercial demand for HALEU – and our successful capital raise,” said Daniel B. Poneman, Centrus president and chief executive officer. “Construction of our HALEU demonstration plant is on schedule and on budget, and we are poised to be first to market with this promising new fuel when the demonstration is completed in 2022. We are continuing our efforts to improve our capital structure, having raised approximately $25 million and launched our tender offer to retire up to $60 million of the preferred.”

News Releases

11.09.2020

Centrus to Webcast Conference Call on November 13 at 8:30 a.m. ET

Centrus Energy will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, November 13, 2020, at 8:30 a.m. ET.

News Releases

10.19.2020

Centrus Announces Commencement of Cash Tender Offer to Purchase Up To $60 million of Its Series B Senior Preferred Stock

Centrus Energy Corp. today announced that the Company is commencing today a tender offer to purchase up to $60 million of its Series B Senior Preferred Stock.

News Releases

10.13.2020

Terrestrial Energy USA and Centrus Energy Partner on Fuel Supply for IMSR Generation IV Nuclear Plants

Terrestrial Energy USA and Centrus Energy Corp. have signed a memorandum of understanding to secure fuel supply for a future fleet of Integral Molten Salt Reactor (IMSR) power plants. The two companies will evaluate the logistical, regulatory, and transportation requirements to establish fuel supply for Integral Molten Salt Reactor (IMSR) power plants, which use standard-assay low-enriched uranium (LEU).

News Releases