Centrus

Centrus Energy and Antares Nuclear signed a multi-year agreement Thursday where Centrus will provide high-assay low-enriched uranium (HALEU) to Torrance, Calif.-based microreactor developer. In the span of two months, Centrus signed its third HALEU supply contract with an advanced reactor company with Radiant Nuclear last week and X-energy in August. Centrus said in a press […]

Centrus Energy and Antares Nuclear signed a multi-year agreement Thursday where Centrus will provide high-assay low-enriched uranium (HALEU) to Torrance, Calif.-based microreactor developer. In the span of two months, Centrus signed its third HALEU supply contract with an advanced reactor company with Radiant Nuclear last week and X-energy in August. Centrus said in a press […]

Centrus Energy and Radiant Nuclear agreed to a long-term deal where Centrus will provide high-assay low-enriched uranium (HALEU) for Radiant’s incoming fuel needs following its Janus program selection. The Army’s Janus program awarded Radiant with $750 million to construct its Kaleidos microreactor at Fort Benning in Georgia and develop 15 microreactors across several military installations. […]

Centrus Energy and Radiant Nuclear agreed to a long-term deal where Centrus will provide high-assay low-enriched uranium (HALEU) for Radiant’s incoming fuel needs following its Janus program selection. The Army’s Janus program awarded Radiant with $750 million to construct its Kaleidos microreactor at Fort Benning in Georgia and develop 15 microreactors across several military installations. […]

Centrus Energy and Radiant Nuclear agreed to a long-term deal where Centrus will provide high-assay low-enriched uranium (HALEU) for Radiant’s incoming fuel needs following its Janus program selection. The Army’s Janus program awarded Radiant with $750 million to construct its Kaleidos microreactor at Fort Benning in Georgia and develop 15 microreactors across several military installations. […]

Earnings rose at Centrus Energy, Bethesda, Md., in the second quarter, which the uranium broker and enrichment technology developer attributed to the timing and mix of nuclear fuel sales and continued progress on its uranium enrichment expansion. Net earnings for the second quarter ended June 30 were approximately $16.8 million, or about $0.85 a share, […]

X-energy and Centrus Energy have signed a definitive agreement for Centrus to supply low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) for X-Energy’s advanced reactor fuel on Aug. 6. The Rockville, Md.-based advanced small modular reactor (SMR) said in a press release that the agreement would help de-risk its Xe-100 SMR projects and supply HALEU […]

Centrus Energy will join the S&P SmallCap 600 Index before markets open July 14, a move the company said reflects its growing role in rebuilding the U.S. nuclear fuel supply chain and expanding domestic uranium enrichment capacity. “Our invitation into the S&P SmallCap 600 reflects the progress our team has made and the expanding role […]

Centrus Energy will join the S&P SmallCap 600 Index before markets open July 14, a move the company said reflects its growing role in rebuilding the U.S. nuclear fuel supply chain and expanding domestic uranium enrichment capacity. “Our invitation into the S&P SmallCap 600 reflects the progress our team has made and the expanding role […]

The Department of Energy’s Office of Environmental Management should not rush to embrace costly nuclear cleanup options without first checking with independent experts on less-expensive alternatives, the Government Accountability Office (GAO) said Thursday July 2. In the just-released report, GAO said the DOE cleanup branch needs to do more research before advocating megadollar solutions.  DOE […]

Centrus Energy and the Department of Energy have signed the contract for the $900 million DOE award to bolster the domestic uranium enrichment production that was announced in January. American Centrifuge Operating, a Centrus company, was one of the three companies awarded $900 million by DOE, totaling $2.7 billion given out in task orders. Centrus […]

Centrus Energy and the Department of Energy have signed the contract for the $900 million DOE award to bolster the domestic uranium enrichment production that was announced in January. American Centrifuge Operating, a Centrus company, was one of the three companies awarded $900 million by DOE, totaling $2.7 billion given out in task orders. Centrus […]

Centrus Energy and Oklo signed a letter of intent Thursday that would have Centrus supply high-assay low-enriched uranium (HALEU) to fuel up to five of Oklo’s Aurora powerhouse reactors. According to Centrus’ press release, the company would provide HALEU from its American Centrifuge Plant in Pike County, Ohio to Oklo’s planned 1,200-megawatt power campus near […]

Centrus Energy and Oklo signed a letter of intent Thursday that would have Centrus supply high-assay low-enriched uranium (HALEU) to fuel up to five of Oklo’s Aurora powerhouse reactors. According to Centrus’ press release, the company would provide HALEU from its American Centrifuge Plant in Pike County, Ohio to Oklo’s planned 1,200-megawatt power campus near […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Earnings dropped at Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Centrus Energy said this week it has selected Geiger Brothers as its construction contractor for the multi-billion expansion project for the Centrus uranium enrichment facility in Piketon, Ohio, a deal potentially worth $900 million. According to a Centrus Securities and Exchange Commission Monday filing, the time-and-materials contract signed by the two companies runs through Jan. […]

Centrus Energy said Monday it has selected Geiger Brothers as its construction contractor for the multi-billion expansion project for the Centrus uranium enrichment facility in Piketon, Ohio, a deal potentially worth $900 million. According to a Centrus Securities and Exchange Commission Monday filing, the time-and-materials contract signed by the two companies runs through Jan. 30, […]

Centrus Energy said Monday it has selected Geiger Brothers as its construction contractor for the multi-billion expansion project for the Centrus uranium enrichment facility in Piketon, Ohio, a deal potentially worth $900 million. According to a Centrus Securities and Exchange Commission Monday filing, the time-and-materials contract signed by the two companies runs through Jan. 30, […]

Centrus Energy said Monday it has selected Geiger Brothers as its construction contractor for the multi-billion expansion project for the Centrus uranium enrichment facility in Piketon, Ohio, a deal potentially worth $900 million. According to a Centrus Securities and Exchange Commission Monday filing, the time-and-materials contract signed by the two companies runs through Jan. 30, […]

Centrus Energy has announced multiple partnerships this week aiming to increase its fuel capacities and activities at its uranium enrichment facility in Piketon, Ohio. Centrus and Oklo agreed on Monday to seek a joint venture focused on deconversion services for high-assay low-enriched uranium (HALEU) and advancing fuel-cycle technologies in Ohio. The company then agreed to […]

Centrus Energy has announced multiple partnerships this week aiming to increase its fuel capacities and activities at its uranium enrichment facility in Piketon, Ohio. Centrus and Oklo agreed on Monday to seek a joint venture focused on deconversion services for high-assay low-enriched uranium (HALEU) and advancing fuel-cycle technologies in Ohio. The company then agreed to […]

March 11 marked the 15th anniversary of the 9.0 magnitude earthquake and massive tsunami that caused the Fukushima Daiichi nuclear power plant to melt down.  In the aftermath of the Fukushima accident, Japan temporarily shut down all 54 of its commercial reactors. Since then, several of the reactors have been permanently shut down and are […]

Centrus Energy and Oklo agreed on Monday to seek a joint venture focused on deconversion services for high-assay low-enriched uranium (HALEU) and advancing fuel-cycle technologies in Ohio. The nuclear fuel companies announced in a press release that the activities for this joint venture will take place at Centrus’ Piketon uranium enrichment facility site in Pike […]

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 […]

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 […]

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 […]