Centrus Energy Corp. announced that its wholly-owned subsidiary, American Centrifuge Operating LLC, has signed a definitized contract with the U.S. Department of Energy (DOE) to pioneer production of High-Assay, Low-Enriched Uranium (HALEU) at its facility leased from DOE in Piketon, Ohio. 

“Building on the momentum from our return to profitability in 2020, we significantly strengthened our financial position in 2021 as we retired all of our outstanding preferred shares, increased our cash balance to $193.8 million, and cut our pension liability by more than $100million,” said Daniel Poneman, Centrus President and Chief Executive Officer. “As we lookahead, we are well-positioned to pioneer the emerging market for HALEU to enable the deployment of the next generation of advanced reactors in the United States and around the world.”

BETHESDA, Md., — Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, March 11, 2022, at 8:30 a.m. ET. The Company will release its fourth quarter and full year earnings report for 2021, which ended December 31, 2021, after the close […]

Debt reduced by 70 percent since 2015 BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced that it has fully repaid the $27.5 million in outstanding 8.0% PIK toggle notes that matured on September 30, 2019.  This is the latest in a series of steps the company has taken to reduce its long-term debt. […]

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced today that Philip O. Strawbridge has been appointed Senior Vice President, Chief Financial Officer, Chief Administrative Officer, and Treasurer of the company effective today. “With extensive C-suite experience in a variety of roles in the nuclear industry, Philip will be an enormous asset as we continue […]

BETHESDA, Md. — Centrus Energy Corp. (NYSE MKT: LEU) (the “Company”) announced the expiration and final results of its previously announced private exchange offer (the “Exchange Offer”) to exchange any and all of the Company’s 8.0% PIK toggle notes due 2019/2024 (the “Outstanding Notes”) for up to (i) $85 million 8.25% senior secured notes due […]