Welcome to our dedicated page for Centrus Energy news (Ticker: LEU), a resource for investors and traders seeking the latest updates and insights on Centrus Energy stock.
Centrus Energy Corp. (LEU) generates frequent news flow tied to its role in the nuclear fuel supply chain, uranium enrichment capacity, and capital markets activity. As an American supplier of nuclear fuel and services, the company issues updates on its projects to expand low-enriched uranium (LEU) and high-assay, low-enriched uranium (HALEU) production, its contracts with the U.S. Department of Energy, and its relationships with domestic and international utility customers.
News about Centrus often focuses on developments at its American Centrifuge Plant in Piketon, Ohio, where it is pursuing a multi-billion-dollar expansion of uranium enrichment capacity. Articles and press releases cover milestones such as the launch of domestic centrifuge manufacturing, design work on new training and operations facilities, and federal task orders to support commercial-scale HALEU and LEU production. These updates frequently highlight expected job creation in Ohio and Tennessee and the broader impact on U.S. energy security.
Investors following LEU news will also see coverage of Centrus’ financial and corporate actions, including quarterly earnings results, convertible note offerings, and at-the-market equity programs. Regulatory and listing developments, such as the company’s transfer of its stock listing from NYSE American to the New York Stock Exchange, are another recurring theme.
In addition, Centrus issues news on international partnerships and market outreach, including agreements with Korea Hydro & Nuclear Power and POSCO International, participation in investor conferences, and updates on DOE waivers related to Russian LEU imports. This news page brings together these announcements so readers can track how Centrus’ projects, contracts, and financing activities evolve over time.
Centrus Energy Corp. (NYSE American: LEU) will hold a quarterly conference call on August 5, 2020, at 8:30 a.m. ET. The call is expected to discuss the company’s second quarter earnings report, which will be released after market close on August 4, 2020. Interested parties can access the call through the company’s website, with a replay available until August 15, 2020. Centrus is a key supplier of nuclear fuel for the power industry, having provided over 1,750 reactor years of fuel since 1998, equivalent to 7 billion tons of coal.
Centrus Energy Corp. (NYSE: LEU) announced that its application to produce High-Assay Low-Enriched Uranium (HALEU) has been accepted by the Nuclear Regulatory Commission (NRC) for review. This approval is crucial for advanced reactor designs and the future of U.S. nuclear energy. The company is on track with a previously established contract worth $115 million with the U.S. Department of Energy to demonstrate HALEU production. Centrus aims to increase its uranium enrichment capacity, targeting up to 20% U-235, addressing the industry's needs for advanced fuels.
Centrus Energy Corp. (NYSE American: LEU) held its 2020 annual meeting of shareholders on June 17, where 87.67% of the 8,783,189 outstanding shares were represented. All four proposals were approved, including the election of nine director nominees for a one-year term, approval of the Section 382 Rights Agreement, an advisory vote on executive compensation, and ratification of PricewaterhouseCoopers LLP as independent auditors for 2020. Tina W. Jonas was newly elected to the board, bringing extensive experience from government and the private sector.