Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports Centrifuge manufacturing begins New enrichment capacity expected to come online in 2029 BETHESDA, MD — Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at […]
Centrus and TENEX have reached agreement to modify the terms of the long-term supply contract the two companies signed in 2011 and to extend their contractual relationship through 2026.
Cash balance of $180.3 million at September 30, 2015; Year-end 2015 cash balance expected to be in range of $175 - $200 million; $55.1 million net loss includes remeasurement of pension obligations and a special charge for anticipated workforce reductions; Approximately 40 percent of annual revenue expected in the fourth quarter
The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section, and a webcast replay will be available through November 25, 2015.
American leadership in nuclear technology is more important than ever to protect our national security and maintain the highest degree of vigilance against the spread of nuclear weapons
Centrus confirmed today that ORNL has informed Centrus that it intends to extend its contract with the Company at a reduced level for research on the world’s most advanced uranium enrichment centrifuges.
Kevin Alldred will be appointed as senior vice president, business strategy and Elmer Dyke as senior vice president, business operations. Alldred and Dyke’s appointments will be effective on October 1 and September 1, respectively.