Centrus

Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector.  Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was […]

Centrus Energy has agreed to a strategic partnership with Fluor, which will serve as  engineering, procurement and construction contractor for the planned expansion of an Ohio uranium enrichment plant. The Bethesda, Md.-based Centrus will collaborate with Fluor through subsidiary American Centrifuge Operating, according to its Wednesday press release. The subsidiary operates the American Centrifuge Plant […]

Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector.  Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was […]

Centrus Energy has agreed to a strategic partnership with Fluor, which will serve as  engineering, procurement and construction contractor for the planned expansion of an Ohio uranium enrichment plant. The Bethesda, Md.-based Centrus will collaborate with Fluor through subsidiary American Centrifuge Operating, according to its Wednesday press release. The subsidiary operates the American Centrifuge Plant […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]

ARLINGTON, VA – Competing for workers with other nuclear projects around the Department of Energy’s Oak Ridge Site in Tennessee is a concern, Centrus Energy CEO Amir Vexler said here this week. Recently, Centrus announced plans to expand its Oak Ridge manufacturing facility to assist in its plans to expand its uranium enrichment in Piketon, […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU  Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing market for HALEU.” While HALEU is considered the […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]

  The Department of Energy said Monday it was awarding $2.7 billion total in task orders to three companies with the goal of strengthening domestic uranium enrichment over the next ten years. American Centrifuge Operating, a Centrus company, and General Matter are both receiving $900 million to create a domestic high-assay low-enriched uranium (HALEU) enrichment […]

Centrus Energy has started manufacturing centrifuges in Tennessee for the company’s advanced uranium enrichment plant at the Department of Energy’s Portsmouth Site in Piketon, Ohio. New enrichment capacity is expected to come online in 2029, according to Centrus’ Dec. 19 press release. The centrifuges are being made at the company’s manufacturing facility in Oak Ridge, […]

Centrus Energy has started manufacturing centrifuges in Tennessee for the company’s advanced uranium enrichment plant at the Department of Energy’s Portsmouth Site in Piketon, Ohio. New enrichment capacity is expected to come online in 2029, according to Centrus’ Dec. 19 press release. The centrifuges are being made at the company’s manufacturing facility in Oak Ridge, […]

Centrus Energy has started manufacturing centrifuges in Tennessee for the company’s advanced uranium enrichment plant at the Department of Energy’s Portsmouth Site in Piketon, Ohio. New enrichment capacity is expected to come online in 2029, according to Centrus’ Dec. 19 press release. The centrifuges are being made at the company’s manufacturing facility in Oak Ridge, […]

Earnings rose at Centrus Energy, based in Bethesda, Md., in the third quarter, which the uranium broker and enrichment developer attributed to an increase in the volume of uranium sold. Net earnings for the third quarter ended Sept. 30 were $3.9 million, or $0.19 a diluted share, up from a net loss of $5 million […]

Earnings rose at Centrus Energy, based in Bethesda, Md., in the third quarter, which the uranium broker and enrichment developer attributed to an increase in the volume of uranium sold. Net earnings for the third quarter ended Sept. 30 were $3.9 million, or $0.19 a diluted share, up from a net loss of $5 million […]

Earnings rose at Centrus Energy, based in Bethesda, Md., in the third quarter, which the uranium broker and enrichment developer attributed to an increase in the volume of uranium sold. Net earnings for the third quarter ended Sept. 30 were $3.9 million, or $0.19 a diluted share, up from a net loss of $5 million […]

KNOXVILLE, TENN. – Nuclear industry panelists said here Wednesday the time has come for advanced reactor projects to mature from pilot stages to commercial deployment. That was a central theme discussed during the “Next Generation Nuclear Opportunities” at the Energy, Technology and Environmental Business Association’s (ETEBA) annual Business Opportunities and Technical Conference. “The era of […]

Bethesda, Md.-based uranium broker and enrichment technology developer Centrus Energy will hold its third quarter earnings call for this year on Nov. 6 at 8:30 a.m. Eastern Time. The company’s third quarter, which ended on Sept. 30, will also be released on Nov. 5 prior to the earnings call with Wall Street analysts. Centrus experienced […]

President Donald Trump’s four Tennessee Valley Authority board of director nominees testified this week before the Senate Committee on Environment and Public Works. Nominees Arthur Graham, Mitch Graves, Jeff Hagood and Randall Jones, all nominated in July, told the Senate committee that nuclear power, in particular small modular reactors (SMRs), will play a big role […]

Bethesda, Md.-based uranium broker and enrichment technology developer Centrus Energy will hold its third quarter earnings call for this year on Nov. 6 at 8:30 a.m. Eastern Time. The company’s third quarter, which ended on Sept. 30, will also be released on Nov. 5 prior to the earnings call with Wall Street analysts. Centrus experienced […]

Centrus Energy has announced plans to expand its uranium enrichment plant in Piketon, Ohio. The expansion is anticipated to boost the production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU), according to the Centrus Thursday press release. It is also anticipated to create over 1,000 construction jobs and 300 operational jobs at the Piketon […]

Centrus Energy announced plans of expanding at its uranium enrichment plant in Piketon, Ohio. The expansion is anticipated to boost the production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU), according to the Centrus Thursday press release. It is also anticipated to create over 1,000 construction jobs and 300 operational jobs at the Piketon […]

Centrus Energy has signed a memorandum of understanding with two South Korean companies to explore investment in Centrus’ uranium enrichment facilities at the Department of Energy’s Portsmouth Site in Piketon, Ohio. The MOU between Korea Hydro and Nuclear Power (KHNP), POSCO International and Centrus is non-binding. But the deal also calls for the three companies […]

Centrus Energy has signed a memorandum of understanding with two South Korean companies to explore investment in Centrus’ uranium enrichment facilities at the Department of Energy’s Portsmouth Site in Piketon, Ohio. The MOU between Korea Hydro and Nuclear Power (KHNP), POSCO International and Centrus is non-binding. But the deal also calls for the three companies […]

Centrus Energy has signed a memorandum of understanding with two South Korean companies to explore investment in Centrus’ uranium enrichment facilities at the Department of Energy’s Portsmouth Site in Piketon, Ohio. The MOU between Korea Hydro and Nuclear Power (KHNP), POSCO International and Centrus is non-binding. But the deal also calls for the three companies […]

Earnings fell at Centrus Energy, based in Bethesda, Maryland, in the second quarter, which the uranium broker and enrichment technology developer attributed to a decrease in the volume of uranium sold. Net earnings for the second quarter ended June 30 were $28.9 million, or $1.59 a diluted share, down from $30.6 million, or $1.89 a […]

Earnings fell at Centrus Energy, based in Bethesda, Maryland, in the second quarter, which the uranium broker and enrichment technology developer attributed to a decrease in the volume of uranium sold. Net earnings for the second quarter ended June 30 were $28.9 million, or $1.59 a diluted share, down from $30.6 million, or $1.89 a […]