Centrus Energy (NYSE: LEU) outlines major Piketon plant expansion plan

Rhea-AI Filing Summary

Centrus Energy Corp. reported that it has announced plans to expand its uranium enrichment plant in Piketon, Ohio. The company explained that the size and scope of the project depend on federal funding decisions by the U.S. Department of Energy, which is running a competitive selection process to support domestic production of low enriched uranium and high-assay, low-enriched uranium.

The announcement stated that the expansion could lead to a multi-billion-dollar combination of private and public investment in Ohio. It could also create about 1,000 construction jobs and 300 new operations jobs at the Piketon site, while retaining 127 existing jobs.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

_________________

Date of Report (Date of earliest event reported): September 25, 2025

Centrus Energy Corp.

(Exact name of registrant as specified in its charter)

Delaware			1-14287			52-2107911
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification No.)

6901 Rockledge Drive, Suite 800

Bethesda, MD 20817

(Address of Principal Executive Offices)

Registrant's telephone number, including area code: (301) 564-3200

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class			Trading Symbol			Name of Each Exchange on Which Registered
Class A Common Stock, par value $0.10 per share			LEU			NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 8.01 Other Events

On September 25, 2025, Centrus Energy Corp. issued a press release announcing plans to expand its uranium enrichment plant in Piketon, Ohio. The size and scope of the expansion depend on federal funding decisions by the U.S. Department of Energy, which is conducting a competitive selection process for potential awards to expand domestic production of low enriched uranium and high-assay, low-enriched uranium.

The announcement indicated that the expansion could represent a multi-billion-dollar private and public investment into Ohio and create 1,000 construction jobs and 300 new operations jobs at the Piketon site, while retaining 127 existing jobs.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.			Description
99.1			Press Release dated September 25, 2025
104			Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Centrus Energy Corp.

Date:

September 25, 2025

By:

/s/ Todd M. Tinelli

Todd M. Tinelli

Senior Vice President, Chief Financial Officer,

and Treasurer

FAQ

What did Centrus Energy Corp. (LEU) disclose in this 8-K filing?

Centrus Energy Corp. disclosed that it announced plans to expand its uranium enrichment plant in Piketon, Ohio, with the project’s size and scope depending on U.S. Department of Energy funding decisions.

Where is Centrus Energy planning to expand its uranium enrichment plant?

The planned expansion is at Centrus Energy’s uranium enrichment plant located in Piketon, Ohio.

How large could the Centrus Energy (LEU) Piketon expansion be?

The announcement indicated the Piketon expansion could represent a multi-billion-dollar combination of private and public investment into Ohio.

How many jobs could Centrus Energy’s Piketon expansion create or retain?

The expansion could create about 1,000 construction jobs and 300 new operations jobs at the Piketon site, while retaining 127 existing jobs.

What role does the U.S. Department of Energy play in Centrus Energy’s expansion plans?

The U.S. Department of Energy is conducting a competitive selection process for awards to expand domestic production of low enriched uranium and high-assay, low-enriched uranium, and Centrus stated that its Piketon expansion plans depend on these federal funding decisions.

Where can investors find more details about the Centrus Energy Piketon announcement?

More details are provided in a press release dated September 25, 2025, which is attached as Exhibit 99.1 and incorporated by reference in the filing.