News And Updates

Tag: high assay low enriched uranium

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. 

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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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07.17.2023

TerraPower and Centrus expand efforts to commercialize domestic HALEU production

TerraPower and Centrus Energy Corp. announced today a new memorandum of understanding to significantly expand their collaboration aimed at establishing commercial-scale, domestic production capabilities for high-assay, low-enriched uranium (HALEU) to supply TerraPower’s first-of-a-kind NatriumTM reactor and energy storage system.

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06.15.2023

Centrus Completes Operational Readiness Review for HALEU Production and Receives NRC Authorization to Introduce Uranium Into Centrifuge Cascade

Bethesda, MD – Centrus Energy Corp announced today that it has successfully completed its operational readiness reviews with the U.S. Nuclear Regulatory Commission (NRC) and received NRC approval to possess uranium at the Piketon, Ohio site and introduce uranium into the cascade of centrifuges Centrus has constructed.

News Releases

02.09.2023

Centrus Completes Construction and Initial Testing of HALEU Demonstration Cascade, Expects to Begin Production by End of 2023

Centrus Energy Corp. announced that it has completed construction of a cascade of advanced uranium enrichment centrifuges as well as most of the associated support systems.  This milestone puts Centrus on track to begin demonstrating first-of-a-kind production of High-Assay, Low-Enriched Uranium (HALEU) in Piketon, Ohio, by the end of 2023, after completing remaining support systems and obtaining final approval from the Nuclear Regulatory Commission. 

News Releases

12.01.2022

Centrus Energy Finalizes Contract with U.S. Department of Energy to Complete HALEU Cascade Construction and Produce HALEU for Up to 10 Years

Centrus Energy Corp. announced that its wholly-owned subsidiary, American Centrifuge Operating LLC, has signed a definitized contract with the U.S. Department of Energy (DOE) to pioneer production of High-Assay, Low-Enriched Uranium (HALEU) at its facility leased from DOE in Piketon, Ohio. 

News Releases

11.10.2022

U.S. DOE PRESS RELEASE: DOE Announces Cost-Shared Award for First-Ever Domestic Production of HALEU for Advanced Nuclear Reactors

The U.S. Department of Energy (DOE) today announced an approximately $150 million cost-shared award with American Centrifuge Operating, LLC of Bethesda, Maryland, a subsidiary of Centrus Energy Corp, to demonstrate the nation’s ability to produce high-assay low-enriched uranium (HALEU)—a crucial material needed to develop and deploy advanced reactors in the United States.

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.

News Releases

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. 

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