News And Updates

Author: derryj

03.25.2020

Centrus to Webcast Conference Call on March 26 at 8:30 a.m. ET

The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through August 26, 2019.

News Releases

11.07.2019

Centrus Reports Third Quarter 2019 Results

“This quarter we posted positive income results and repaid the outstanding balance on our remaining 8.0% notes,” said Daniel Poneman, Centrus president and chief executive officer. “We also completed D&D work on DOE’s K-1600 facility in Oak Ridge on time and on budget and finalized our three-year, $115 million contract with DOE to demonstrate production of advanced reactor fuel.”

News Releases

11.05.2019

Centrus Finalizes Three Year Contract to Demonstrate HALEU Production

Centrus signed a three-year contract with the U.S. Department of Energy to deploy a cascade of centrifuges to demonstrate production of high-assay, low-enriched uranium (HALEU) fuel for advanced reactors

News Releases

10.09.2019

Centrus Completes D&D Project for U.S. DOE on Time, on Budget

“I’m pleased our team was able to deliver the results the Department expected on a very short timetable,” said Centrus President and CEO Daniel B. Poneman. “This success demonstrates our broad technical capabilities and reflects our strategy of diversifying the business by offering advanced engineering, manufacturing, and D&D services.”

News Releases

08.09.2019

Centrus Reports Second Quarter 2019 Results

“This quarter we took another step toward restoring a U.S. enrichment capability with the signing of an agreement with the U.S. Department of Energy for the high-assay low-enriched uranium demonstration cascade,” said Daniel Poneman, Centrus president and chief executive officer. “The cascade is an integral component of our larger efforts to develop a fuel cycle to support the next generation of reactors under development around the world."

News Releases

08.05.2019

Centrus to Webcast Conference Call on August 12 at 8:30 a.m. ET

The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through August 26, 2019.

News Releases

05.15.2019

Supporting Clean Energy in Ohio

Centrus President and CEO Daniel Poneman provided testimony to the Energy and Natural Resources Committee of the Ohio House of Representatives on Wednesday, May 15, 2019 in support of HB.6. The proposed bill would create a new clean energy fund in Ohio that would support the continued operation of the state’s largest sources of clean energy: the Perry and Davis-Besse nuclear plants in northern Ohio.

Updates & Perspectives

05.08.2019

Centrus Reports First Quarter 2019 Results

“Our first quarter results show progress on our path to align our cost-structure with our current business and grow our order book, keeping us on track to return to profitability in 2020,” said Daniel Poneman, Centrus president and chief executive officer. “We expect to continue to see improved results during the year as we fulfill future sales with lower-cost supplies and our reduced operating expenses.”

News Releases

05.02.2019

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

The conference call will be open to listeners who log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through May 23, 2019.

News Releases

04.04.2019

Centrus Energy Corp. Approves Extension of Section 382 Rights Agreement

Centrus’ Board of Directors has approved a second amendment to the Company’s Section 382 Rights Agreement designed to preserve Centrus’ substantial tax assets associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code

News Releases