News And Updates

Author: Lindsey Geisler

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

11.08.2022

Centrus Reports Third Quarter 2022 Results

“While our third quarter results reflected the typical lumpiness attributable to the timing of customer deliveries that we regularly discuss on earnings calls, we continued to see strong momentum across our business segments, as reflected in both our total order book value and in the broader trends toward greater investment in nuclear energy,” said Centrus President and CEO Daniel B. Poneman. “Congress approved a $700 million investment in High-Assay, Low-Enriched Uranium (HALEU) as part of the U.S. Inflation Reduction Act, and there is growing bipartisan support for further action to jumpstart construction of domestic LEU and HALEU capacity. We look forward to seeing how DOE implements that funding. In the first nine months of 2022, we also secured $270 million in new sales contracts and commitments with contract terms extending through 2030 to support our long-term success. As the only company with a U.S. Nuclear Regulatory Commission license to produce HALEU, as well as the only domestic operator of deployment-ready enrichment technology in the United States, Centrus is well positioned to serve the growing need for critical fuels for advanced nuclear reactors both domestically and around the world.”

News Releases

11.04.2022

Centrus to Webcast Conference Call on November 9 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 Wednesday, November 9, 2022, at 8:30 a.m. ET.

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.

News Releases

09.12.2022

Poneman Receives Order of the Rising Sun by the Government of Japan

The Government of Japan held a presentation ceremony on Thursday, September 8, 2022, at the Residence of the Ambassador of Japan to formally confer the Order of the Rising Sun, Gold and Silver Star, from the Emperor of Japan to Centrus Energy Corp. President and CEO Daniel B. Poneman.

News Releases

09.12.2022

CEO Daniel Poneman Remarks at Order of the Rising Sun Conferment Ceremony

Centrus CEO Daniel Poneman's full remarks from the Government of Japan's presentation ceremony at the Residence of the Ambassador of Japan to formally confer the Order of the Rising Sun, Gold and Silver Star, from the Emperor of Japan.

Updates & Perspectives

08.31.2022

Centrus to Participate in Lake Street Best Ideas Growth Conference

Centrus Energy today announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to participate in Lake Street Capital Markets’ 6th Annual Best Ideas Growth (BIG6) Conference on September 14, 2022, in New York, NY.

News Releases

08.19.2022

Statement: Inflation Reduction Act Makes Critical Investment in HALEU Enrichment

BETHESDA, Md.  — Centrus Energy Corp. President and Chief Executive Officer Daniel Poneman made the following statement about the nuclear energy related investments in the Inflation Reduction Act signed into law earlier this week.

News Releases

08.04.2022

Centrus Reports Second Quarter 2022 Results

BETHESDA, Md. - Centrus Energy Corp. (NYSE American: LEU) today reported second quarter 2022 results.

News Releases

07.26.2022

Centrus to Webcast Conference Call on August 5 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 Friday, August 5, 2022, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2022, which ended June 30, 2022, after the close of markets on Thursday, August 4.

News Releases