News And Updates

Tag: HALEU

06.25.2025

Centrus Achieves Key Production Milestone with Delivery of 900 Kilograms of HALEU to the Department of Energy

BETHESDA, Md. – Centrus Energy (NYSE American: LEU) today announced that its wholly owned subsidiary, the American Centrifuge Operating, LLC, has produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, reaching a critical milestone as the company pioneers first-of-a-kind HALEU production.  With the successful production and delivery of […]

News Releases

06.20.2025

Centrus Energy Secures Contract Extension from Department of Energy to Continue HALEU Production

Extension Valued at Approximately $110 Million through June 30, 2026  BETHESDA, Md. – Centrus Energy (NYSE American: LEU) today announced that the U.S. Department of Energy has exercised an option to extend Centrus’ competitively-awarded contract to produce High-Assay, Low-Enriched Uranium (HALEU) through June 30, 2026.  The Department has additional options for continued production for up […]

News Releases

10.17.2024

Centrus Wins HALEU Enrichment Award from U.S. Department of Energy

BETHESDA, Md. – Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC (“ACO”), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development. 

News Releases

09.24.2024

At Capitol Hill Briefing, Centrus Says $3.4 Billion Federal Investment in Nuclear Fuel Production Should Prioritize American Technology, Built by American Workers

WASHINGTON, D.C. – At a special briefing for policymakers on Capitol Hill today, Centrus said that the $3.4 billion that Congress has made available for domestic nuclear fuel production should be focused on deploying American uranium enrichment technology that is manufactured in the United States, by American workers, as opposed to foreign-origin centrifuge technologies that are manufactured overseas. 

News Releases

03.04.2024

Centrus to Ring the NYSE Closing Bell to Commemorate Start of U.S. HALEU Production

Bethesda, Md. – Centrus Energy Corp. today announced that, in recognition of the launch of the first U.S.-owned and U.S. technology uranium enrichment plant to begin production in 70 years, President and CEO Amir Vexler will ring The Closing Bell® at the New York Stock Exchange at 4:00 p.m. ET tomorrow, Tuesday, March 5, 2024.

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

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

10.11.2023

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

09.06.2023

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

08.28.2023

Oklo and Centrus Energy Sign Memorandum of Understanding for Fuel, Components, and Power Procurement to Support the Deployment of Advanced Fission Technologies in Southern Ohio

Oklo Inc. and Centrus Energy Corp. today announced a new Memorandum of Understanding between the two companies to support the deployment of Oklo’s advanced fission powerhouses and advanced nuclear fuel production in Southern Ohio, making the region a critical hub for the future of the U.S. nuclear industry.

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