News And Updates

Author: Lindsey Geisler

05.11.2020

Centrus Reports First Quarter 2020 Results

“I am pleased that, in this challenging time, we are able to report a positive net income for the quarter. This is the result of the hard work we’ve done in recent years to diversify our business,reduce our debt, and lower our cost structure,” said Dan Poneman, Centrus president and chief executive officer. “We are continuing to make progress on the HALEU program, even as we have limited our operations to protect the health and safety of our employees and their families.”

News Releases

05.08.2020

Centrus to Webcast Conference Call on May 12 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 Tuesday, May 12, 2020, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2020, which ended March 31, 2020, after the close of markets on […]

News Releases

05.06.2020

Poneman to Receive Order of the Rising Sun by the Government of Japan

BETHESDA, Md. – The Government of Japan has announced that Centrus Energy Corp. (NYSE American: LEU) President and CEO Daniel B. Poneman will be awarded the Order of the Rising Sun, Gold and Silver Star by the Emperor of Japan.  This is one of the highest decorations that any foreigner can receive, and comes “in […]

News Releases

04.28.2020

Advanced Reactor Concepts (ARC) and Centrus Energy Sign Letter of Intent for HALEU Supply

WASHINGTON, D.C. and BETHESDA, Md. — Advanced Reactor Concepts, LLC, and Centrus Energy Corp. (NYSE American: LEU) have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium (HALEU) – an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, […]

News Releases

04.23.2020

Centrus Welcomes White House Nuclear Fuel Working Group Report

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) welcomed the release of today’s report from the White House Nuclear Fuel Working Group Report, which calls for “immediate action to support domestic uranium miners and restore the viability of the entire front-end of the nuclear fuel cycle” so that we can meet our national security […]

News Releases

04.14.2020

Centrus Announces Voting Agreement

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) today announced that on April 13, 2020 it entered into a Voting and Nomination Agreement with Mr. Morris Bawabeh, Kulayba LLC and M&D Bawabeh Foundation, Inc., (MB Group) who collectively are beneficial owners of approximately 18.1% of the outstanding shares of Class A common stock as […]

News Releases

03.25.2020

Centrus Energy Corp. Reports Financial Results for the Fourth Quarter and Full Year 2019

“With lower cost of sales in our LEU segment and reduced overhead, we improved our performance significantly in 2019,” said Daniel B. Poneman, Centrus president and chief executive officer. “We also continue to see significant growth potential in our technical solutions segment as we demonstrate our ability to produce HALEU to fuel the next generation of advanced reactors around the world. I also want to assure our shareholders and stakeholders that we are taking vigilant and vigorous steps to address the coronavirus threat, as the health and safety of our employees and their families is of paramount concern.”

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