Early work has already identified nearly $300 million in potential cost savings BETHESDA, Md. – Palantir Technologies Inc. (NASDAQ: PLTR), a leading provider of AI systems and enterprise operating systems, and Centrus Energy (NYSE: LEU), the U.S. company leading the effort to restore America’s ability to enrich uranium at commercial scale, today announced a landmark […]
Demonstrates companies’ commitment to leading domestic fuel supply chain PIKE COUNTY, Ohio.–(BUSINESS WIRE)–Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, and Centrus Energy Corp. (NYSE: LEU) (“Centrus”), a uranium enrichment and nuclear fuel services provider, announced today that the companies have agreed to pursue discussions regarding a joint venture focused on deconversion services […]
Strategic partnership with best-in-class EPC demonstrates Centrus’ commitment to operational excellence Bethesda, Md. – Centrus Energy (NYSE: LEU) today announced that its subsidiary, American Centrifuge Operating, LLC, has agreed to a strategic collaboration with Fluor (NYSE: FLR) to serve as its Engineering, Procurement and Construction (EPC) contractor as Centrus proceeds with its previously announced multi-billion-dollar […]
Nuclear fuel supplier to create nearly 430 jobs and invest more than $560 million in Oak Ridge Project supports large-scale restoration of domestic uranium enrichment capability OAK RIDGE, Tenn. – Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Centrus Energy President and CEO Amir Vexler […]
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 […]
Hiring Underway In Advance of Federal Funding Decisions High-Resolution Images and B-roll Available Chillicothe, OH – Centrus Energy (NYSE American: LEU) is joining with Ohio Governor Mike DeWine, U.S. Senator Jon Husted, and U.S. Congressman Dave Taylor, JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development, today to announce plans for a major […]
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 […]
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 […]
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.
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.