Centrus

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 […]

The Department of Energy’s Office of Nuclear Energy miscalculated during the selection process of its High-Assay Low-Enriched Uranium (HALEU) Demonstration Project, the Department’s Office of Inspector General found in an audit. In a July 2 audit report the Office of Inspector General (OIG) found the Office of Nuclear Energy inappropriately limited competition during its pre-award […]

The Department of Energy’s Office of Nuclear Energy miscalculated during the selection process of its High-Assay Low-Enriched Uranium (HALEU) Demonstration Project, the Department’s Office of Inspector General found in an audit. In a July 2 audit report the Office of Inspector General (OIG) found the Office of Nuclear Energy inappropriately limited competition during its pre-award […]

A Centrus Energy subsidiary American-Centrifuge Operating has delivered 900 kilograms, or 1,984 pounds, of high-assay low-enriched uranium to the Department of Energy, Centrus said last week. The Bethesda, Md.-based nuclear energy company has now achieved phase two of its DOE contract, which called for it to produce the 900 kilograms of high-assay low-enriched uranium (HALEU) […]

A Centrus Energy subsidiary American-Centrifuge Operating has delivered 900 kilograms, or 1,984 pounds, of high-assay low-enriched uranium to the Department of Energy, Centrus said last week. The Bethesda, Md.-based nuclear energy company has now achieved phase two of its DOE contract, which called for it to produce the 900 kilograms of high-assay low-enriched uranium (HALEU) […]

Centrus Energy, headquartered in Bethesda, Md., has been awarded an extended contract with the Department of Energy, worth about $110 million, to produce high-assay low-enriched uranium through June 30, 2026. In 2022, Centrus was awarded a three-phase follow-on contract to bring the cascade into production and produce HALEU for DOE’s use. DOE has exercised its […]

Centrus Energy executive Shahram Ghasemian will step down from the company later this month, according to a Securities and Exchange Commission Filing. In the June 6 SEC filing, Ghasemian, who is the company’s senior vice president, general counsel, chief compliance officer and corporate secretary, has given notice to Centrus that he will resign from his […]

Centrus Energy executive Shahram Ghasemian will step down from the company later this month, according to a Securities and Exchange Commission Filing. In the June 6 SEC filing, Ghasemian, who is the company’s senior vice president, general counsel, chief compliance officer and corporate secretary, has given notice to Centrus that he will resign from his […]

Centrus Energy executive Shahram Ghasemian will step down from the company later this month, according to a Securities and Exchange Commission Filing. In the June 6 SEC filing, Ghasemian, who is the company’s senior vice president, general counsel, chief compliance officer and corporate secretary, has given notice to Centrus that he will resign from his […]

Earnings rose at Centrus Energy, based in Bethesda, Maryland, in the first quarter, which the uranium broker and enrichment technology developer attributed to resolved contracts and supply orders. Net earnings for the first quarter ended were $27.2 million, or $1.60 a share, compared to $6.1 million, or $0.38 a share, in the year-ago quarter. Quarterly […]

Earnings rose at Centrus Energy, based in Bethesda, Maryland, in the first quarter, which the uranium broker and enrichment technology developer attributed to resolved contracts and supply orders. Net earnings for the first quarter ended were $27.2 million, or $1.60 a share, compared to $6.1 million, or $0.38 a share, in the year-ago quarter. Quarterly […]

Ohio lawmakers sent a letter to Secretary of Energy Chris Wright asking that he award “a majority share” of any funds appropriated to the Department of Energy toward Centrus Energy’s American Centrifuge Plant in Piketon, Ohio. The letter was signed by Gov. Mike DeWine (R), Lt. Gov. Jim Tressel (R), and Sens. Bernie Moreno (R) […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

Centrus Energy Corp. said its domestic supply chain is in place to produce uranium usable in defense as well as commercial programs.  A spokesperson for Centrus told the Exchange Monitor in an email last week that Centrus’ manufacturing supply chain spans 13 states and 14 major suppliers, all of which are American companies.  “That gives […]

Centrus Energy Corp. said its domestic supply chain is in place to produce uranium usable in defense programs.  A spokesperson for Centrus told the Exchange Monitor in an email last week that Centrus’ manufacturing supply chain spans 13 states and 14 major suppliers, all of which are American companies.  “That gives us the ability to […]

Centrus Energy Corp. will get until late June to deliver 900 kilograms of energy-dense uranium to the Department of Energy, the company said last week in a regulatory filing. Centrus, Bethesda, Md., disclosed the extension, but not its terms, in a Thursday filing with the Securities and Exchange Commission. The extension was foreshadowed in February when Centrus […]

Centrus Energy Corp. will get until late June to deliver 900 kilograms of energy-dense uranium to the Department of Energy, the company said last week in a regulatory filing. Centrus, Bethesda, Md., disclosed the extension, but not its terms, in a Thursday filing with the Securities and Exchange Commission. The extension was foreshadowed in February […]

Centrus Energy Corp. will get until late June to deliver 900 kilograms of energy-dense uranium to the Department of Energy, the company said last week in a regulatory filing. Centrus, Bethesda, Md., disclosed the extension, but not its terms, in a Thursday filing with the Securities and Exchange Commission. The extension was foreshadowed in February […]

Centrus Energy Corp., Bethesda, Md., had a net loss in the third quarter, which the uranium broker and enrichment technology developer attributed in part to costs associated with a Department of Energy uranium contract. Centrus lost about $5 million, or $0.30 a share, in the third quarter, compared with earnings of about $8.2 million or […]

Centrus Energy Corp., Bethesda, Md., had a net loss in the third quarter, which the uranium broker and enrichment technology developer attributed in part to costs associated with a Department of Energy uranium contract. Centrus lost about $5 million, or $0.30 a share, in the third quarter, compared with earnings of about $8.2 million or […]

Centrus Energy Corp., Bethesda, Md., had a net loss in the third quarter, which the uranium broker and enrichment technology developer attributed in part to costs associated with a Department of Energy uranium contract. Centrus lost about $5 million, or $0.30 a share, in the third quarter, compared with earnings of about $8.2 million or […]

Centrus Energy Corp., Bethesda, Md., had a net loss in the third quarter, which the uranium broker and enrichment technology developer attributed in part to costs associated with a Department of Energy uranium contract. Centrus lost about $5 million, or $0.30 a share, in the third quarter, compared with earnings of about $8.2 million or […]

Larry Cutlip, Centrus Energy Corp.’s senior vice president of field operations, last week said he would retire from the company in July, according to a Friday regulatory filing. Cutlip gave his notice on Oct. 16, according to a form 8-K Centrus, Bethesda, Md., filed with the Securities and Exchange Commission. Cutlip “will retire his position […]

Larry Cutlip, Centrus Energy Corp.’s senior vice president of field operations, last week said he would retire from the company in July, according to a Friday regulatory filing. Cutlip gave his notice on Oct. 16, according to a form 8-K Centrus, Bethesda, Md., filed with the Securities and Exchange Commission. Cutlip “will retire his position at […]

Larry Cutlip, Centrus Energy Corp.’s senior vice president of field operations, last week said he would retire from the company in July, according to a Friday regulatory filing. Cutlip gave his notice on Oct. 16, according to a form 8-K Centrus, Bethesda, Md., filed with the Securities and Exchange Commission.  Cutlip “will retire his position […]