Category: News Releases
11.17.2021
Oklo Teams Up with Centrus to Produce U.S.-based Fuel Supply to Support the Commercialization of Advanced Fission
Oklo Inc. and Centrus Energy Corp. have signed a non-binding Letter of Intent to cooperate in the deployment of a High-Assay, Low-Enriched Uranium production facility. HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants. Both companies are committed to working toward establishing domestic HALEU production capabilities to support the commercialization of Oklo’s power plants.
11.10.2021
Centrus Reports Third Quarter 2021 Results
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) reported net income of $42.1 million for the quarter ended September 30, 2021, compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million, or $3.01 (basic) and $2.95 (diluted) per common share.
11.08.2021
Centrus to Webcast Conference Call on November 11 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 Thursday, November 11, 2021, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2021, which ended September 30, 2021, after the close of markets on Wednesday, November 10.
11.02.2021
X-energy Completes Preliminary Design of TRISO-X Fuel Fabrication Facility, Signs Contract with Centrus Energy for Next Phase of Work
X-energy and Centrus Energy Corp. announced that preliminary design of X-energy’s TRISO-X Fuel Fabrication Facility has been completed and that the companies have signed a contract for Centrus to continue its work as the project enters its next phase.
10.20.2021
Centrus Announces Commencement of Cash Tender Offer to Purchase All of Its Outstanding Series B Senior Preferred Stock and Consent Solicitation
Centrus announced that the Company is commencing a tender offer to purchase all of its outstanding Series B Senior Preferred Stock.
09.09.2021
Centrus Energy Corp. to Present at Lake Street’s 5th Annual Best Ideas Growth (BIG5) Conference September 14-15, 2021
Centrus Energy, supplier of nuclear fuel components and services for the nuclear power industry that is also conducting a High-Assay, Low-Enriched Uranium (HALEU) enrichment demonstration program for the U.S. Department of Energy, announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to present at the Lake Street 5th Annual Best Ideas Growth (BIG5) Conference.
08.11.2021
Centrus Reports Second Quarter 2021 Results
Centrus Energy Corp. today reported net income of $11.6 million for the quarter ended June 30, 2021, compared to net income of $33.7 million for the second quarter of 2020.
08.09.2021
Centrus to Webcast Conference Call on August 12 at 8:30 a.m. ET
Centrus Energy Corp. will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 12, 2021, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2021, which ended June 30, 2021, after the close of markets on Wednesday, August 11.
06.16.2021
Centrus Energy Corp. Reports Results of Annual Stockholder Meeting and Announces Extension of Section 382 Rights Agreement
BETHESDA, Md. – Centrus Energy Corp. announced the results of its 2021 annual meeting of stockholders held on June 16, 2021. As of April 19, 2021, the meeting’s record date, there were 12,918,602 shares of the Company’s Class A common stock outstanding, each entitled to one vote, and approximately 79.8 percent of those shares were represented at the annual meeting.
06.14.2021
NRC Approves Centrus Energy’s License Amendment for HALEU Production
Centrus Energy Corp. announced that the U.S. Nuclear Regulatory Commission (NRC) approved the Company’s license amendment request to produce High-Assay, Low-Enriched Uranium (HALEU) at the Piketon, Ohio, enrichment facility. The Piketon plant is now the only U.S. facility licensed to enrich uranium up to 20 percent Uranium-235 (U-235) and expects to begin demonstrating HALEU production early next year.