News And Updates

Category: News Releases

12.07.2023

Lightbridge and Centrus Energy Enter into a Contract to Conduct a FEED Study for a Lightbridge Pilot Fuel Fabrication Facility in Piketon, Ohio

Lightbridge Corporation and Centrus Energy Corp. today announced a contract to conduct a front-end engineering and design study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility at the American Centrifuge Plant in Piketon, Ohio.  The FEED study will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF.

News Releases

12.04.2023

Centrus Energy CEO Dan Poneman to Speak at COP 28

Centrus Energy President and CEO Dan Poneman will attend COP 28 in Dubai, United Arab Emirates on Wednesday, December 6th and Thursday, December 7th to discuss the importance of nuclear energy in meeting the growing global need for clean energy, as well as the need to restore American leadership in the global supply chain for enriched uranium. 

News Releases

11.20.2023

Centrus Energy Announces CEO Transition

Centrus Energy Corp announced that Amir Vexler will succeed Daniel B. Poneman as Chief Executive Officer on January 1, 2024.    

News Releases

11.07.2023

Centrus Reports Third Quarter 2023 Results

Centrus Energy Corp. today reported third quarter 2023 results. The Company reported net income of $8.2 million for the three months ended September 30, 2023, compared to a net loss of $6.1 million for the three months ended September 30, 2022. The net income per common share in the three months ended September 30, 2023 was $0.53 (basic) and $0.52 (diluted).

News Releases

11.07.2023

Centrus Makes First HALEU Delivery to U.S. Department of Energy

BETHESDA, MD – Today, Centrus Energy Corp. announced that it has made its first delivery of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, completing Phase One of its contract with the Department by successfully demonstrating its HALEU production process.  Centrus will now move on to Phase Two of the contract – requiring a full year of HALEU production at the rate of 900 kilograms per year at its American Centrifuge Plant in Piketon, Ohio.

News Releases

10.30.2023

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

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, November 8, 2023, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2023, which ended September 30, 2023, after the close of markets on Tuesday, November 7.

News Releases

10.11.2023

Centrus Begins Enrichment Operations in Ohio

PIKETON, OH – Today, Centrus Energy announced that it has begun enrichment operations at its High-Assay Low-Enriched Uranium (HALEU) facility in Piketon, Ohio, and expects to begin withdrawing HALEU product later this month.  It is the only NRC-licensed HALEU facility in the United States and the first new U.S.-owned, U.S.-technology uranium enrichment plant to begin production since 1954.  

News Releases

09.28.2023

Centrus to Participate in TD Cowen’s Nuclear Fuel Cycle Roundtable

Bethesda, Md., September 28, 2023 – Centrus Energy Corp. today announced that Daniel B. Poneman, Chief Executive Officer, is scheduled to participate in TD Cowen’s Nuclear Fuel Cycle Roundtable on Thursday, October 5, 2023. The company will participate in a fireside chat at 12:50 p.m. Eastern Time.

News Releases

09.08.2023

Centrus to Participate in H.C. Wainwright’s 25th Annual Global Investment Conference

Centrus Energy Corp. today announced that Daniel B. Poneman, Chief Executive Officer, is scheduled to participate at H.C. Wainwright’s 25th Annual Global Investment Conference on September 11-12, 2023, in New York, NY. The company will host a presentation on Tuesday, September 12, 2023, at 8:30 a.m. Eastern Time. A live webcast and replay of the presentation will be available in the Investor Relations section of the company’s website at www.centrusenergy.com.

News Releases

09.06.2023

Centrus to Begin HALEU Production in October

Centrus Energy Corp announced today that it expects to begin first-of-a-kind production of High-Assay Low-Enriched Uranium (HALEU) in October 2023, approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon, Ohio. 

News Releases