Funding supports previously announced multi-billion dollar expansion at Centrus' enrichment facility in Ohio Expected to create thousands of American jobs as Centrus restores the country's ability to enrich uranium at large scale BETHESDA, Md. , Jan. 6, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has been selected by the U.S. Department of Energy for a $900 million task order to expand its uranium... Read More

Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports Centrifuge manufacturing begins New enrichment capacity expected to come online in 2029 BETHESDA, Md. , Dec. 19, 2025 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU)... Read More

BETHESDA, Md. , Dec. 11, 2025 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has initiated design work on a 150,000 square foot Training, Operations & Maintenance Facility in Piketon, Ohio – a critical piece of site infrastructure necessary to support the company's plans for a major expansion of its uranium enrichment capacity in Piketon. The project involves a significant renovation and rehabilitation of... Read More

BETHESDA, Md. , Dec. 1, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that the company has been approved for uplisting to the New York Stock Exchange (NYSE) from the NYSE American (NYSE American). As a result of the uplisting, Centrus' common stock will cease trading on the NYSE American after market close on December 3, 2025 , and will commence trading on the NYSE effective at the opening of... Read More

BETHESDA, Md. , Nov. 6, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced that it has entered into an at-the-market ("ATM") equity offering sales agreement (the "Sales Agreement"), under which Centrus may, from time to time, offer and sell shares of its Class A common stock (the "Class A Common Stock") having an aggregate offering price of up to $1,000,000,000 (the "Shares"), through... Read More

Net income of $3.9 million on $74.9 million in revenue, compared to net loss of $5.0 million on $57.7 million in revenue in Q3 2024 Strengthened balance sheet and increased unrestricted cash balance to $1.6 billion by closing upsized and oversubscribed $805 million convertible senior notes offering Secured U.S. government waivers for 2026 and 2027 Russian committed deliveries Strengthened leadership team, including naming... Read More

BETHESDA, Md. , Oct. 15, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 6, 2025 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2025, which ended September 30, 2025 , after the close of markets on Tuesday, November 5, 2025 . The conference call... Read More

CHILLICOTHE, Ohio , Sept. 25, 2025 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) is joining with Ohio Governor Mike DeWine , U.S. Senator Jon Husted , and U.S. Congressman Dave Taylor , JobsOhio, Ohio Southeast Economic Development (OhioSE), and Pike County Economic Development, today to announce plans for a major expansion of Centrus' uranium enrichment plant in Piketon, Ohio . The expansion is expected to create... Read More

BETHESDA, Md. , Aug. 29, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Tuesday, September 2 , management is scheduled to host one-on-one investor meetings at the TD Securities Nuclear & Uranium Conference in London On Thursday, September 4 , management is scheduled to host one-on-one investor meetings hosted by William... Read More

Provides Further Validation of and Market Demand for Centrus' Technology Provides a Framework for Future Private Investments to Support Enrichment Expansion BETHESDA, Md. , Aug. 25, 2025 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore potential investment to support expansion of Centrus' uranium... Read More

BETHESDA, Md. , Aug. 13, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced the pricing of $700 million aggregate principal amount of 0% Convertible Senior Notes due 2032 (the "Notes") in an upsized private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities... Read More

BETHESDA, Md. , Aug. 12, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2032 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities... Read More

Todd Tinelli to join Centrus Energy as Chief Financial Officer Hire continues Centrus' commitment to maintain a best-in-class leadership team BETHESDA, Md. , Aug. 8, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced the appointment of Todd Tinelli as Senior Vice President, Chief Financial Officer (CFO), and Treasurer, effective August 11. Mr. Tinelli replaces Kevin Harrill , who is resigning to... Read More

Net income of $28.9 million on $154.5 million in revenue, compared to net income of $30.6 million on $189.0 million in revenue in Q2 2024 Consolidated cash balance of $833.0 million as of June 30, 2025 Completed Phase 2 of the High-Assay, Low-Enriched Uranium ("HALEU") Operation Contract on time, successfully completing contractual delivery of 900 kilograms of HALEU to the Department of Energy The Department of Energy... Read More

BETHESDA, Md. , July 8, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 6, 2025 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2025, which ended June 30, 2025 , after the close of markets on Tuesday, August 5, 2025 . The conference call will be... Read More

BETHESDA, Md. , July 2, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Tuesday, July 8 , management is scheduled to participate in a virtual fireside chat moderated by William Blair at 11 a.m. ET . On Tuesday, July 15 , management is scheduled to participate in a virtual fireside chat at 10:30 a.m. ET at the H.C.... Read More

BETHESDA, Md. , June 25, 2025 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today announced that its wholly owned subsidiary, the American Centrifuge Operating, LLC, has produced and delivered 900 kilograms of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, reaching a critical milestone as the company pioneers first-of-a-kind HALEU production. With the successful production and delivery of... Read More

Extension Valued at Approximately $110 Million through June 30, 2026 BETHESDA, Md. , June 20, 2025 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today announced that the U.S. Department of Energy has exercised an option to extend Centrus' competitively-awarded contract to produce High-Assay, Low-Enriched Uranium (HALEU) through June 30 , 2026. The Department has additional options for continued production for up to... Read More

BETHESDA, Md. , May 29, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Tuesday, June 3 , management is scheduled to host one-on-one investor meetings at the Stifel 2025 Boston Cross Sector 1x1 Conference in Boston, MA. On Wednesday, June 4 , management is scheduled to host one-on-one investor meetings at the William... Read More

BETHESDA, Md. , May 8, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming conferences. On Monday, May 12 , management is scheduled to host investors at Centrus' headquarters in Bethesda, MD , as part of Goldman Sachs' Third Annual Green Capex North American Field Tour. On Tuesday and Wednesday, May 13 and 14, management is scheduled to... Read More

Net income of $27.2 million on $73.1 million in revenue, compared to a net loss of $6.1 million on $43.7 million in revenue in Q1 2024 Retired our higher-interest rate debt (8.25% Notes) at a redemption price equal to the principal of $74.3 million plus any accrued and unpaid interest, resulting in a gain of $11.8 million in Q1 2025 Consolidated cash balance of $653.0 million as of March 31, 2025 BETHESDA, Md. , May 7, 2025... Read More

BETHESDA, Md. , April 24, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, May 8, 2025 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2025, which ended March 31, 2025 , after the close of markets on Wednesday, May 7, 2025 . The conference call will be open... Read More

BETHESDA, Md. , Feb. 11, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE America: LEU) today announced that management will participate in the following upcoming conferences: On Monday, March 3 , management is scheduled to host one-on-one investor meetings at the Morgan Stanley Energy & Power Conference in New York, NY . On Thursday, March 6 , management is scheduled to participate in the UBS Nuclear Virtual Conference. On... Read More

2024 full year revenue of $442.0 million and gross profit of $111.5 million , compared to prior year revenue of $320.2 million and gross profit of $112.1 million 2024 full year net income of $73.2 million , compared to prior year net income of $84.4 million Strengthened balance sheet by closing $402.5 million of convertible senior notes resulting in unrestricted cash balance of $671.4 million as of December 31, 2024... Read More

BETHESDA, Md. , Jan. 24, 2025 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, February 7, 2025 , at 8:30 a.m. ET . The Company will release its fourth quarter and full year earnings report for 2025, which ended December 31, 2025 , after the close of markets on Thursday, February 6 . The conference... Read More

BETHESDA, Md. , Dec. 16, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE America: LEU) today announced that management are scheduled to participate in Goldman Sachs Energy, CleanTech & Utilities Conference on January 8 . The company will participate in a fireside chat at 2:20PM ET on Wednesday, January 8, 2025 , and host one-on-one investor meetings that day. A webcast of the fireside chat will be available on Centrus'... Read More

LEU Enrichment Award Marks Third Selection for Centrus under DOE's Nuclear Fuel Supply Program BETHESDA, Md. , Dec. 11, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of Low-Enriched Uranium ("LEU") to meet the needs of existing and... Read More

BETHESDA, Md. , Nov. 25, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE America: LEU) today announced that management are scheduled to participate in Bank of America's Clean Energy Symposium on December 5 . The company will participate in a panel at 1:15PM ET on Friday , December 5, and host one-on-one investor meetings that day. To request an invitation or to schedule a one-on-one meeting with management at the conference,... Read More

Investment lays groundwork for potential large-scale uranium enrichment expansion BETHESDA, Md. , Nov. 20, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that it is resuming centrifuge manufacturing activities and expanding its manufacturing capacity at its facility in Oak Ridge, Tennessee. The company will invest an additional approximately $60 million for this effort over the next 18 months... Read More

BETHESDA, Md. , Nov. 18, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) today announced that it has appointed Neal Nagarajan as Senior Vice President and Head of Investor Relations effective today. In this role, Nagarajan will be responsible for maintaining and expanding relationships in the investment community while communicating the company's business model, long-term strategy, governance, and financial... Read More

BETHESDA, Md. , Nov. 5, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced the pricing of $350 million aggregate principal amount of 2.25% Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In... Read More

BETHESDA, Md. , Nov. 4, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) ("Centrus") today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities... Read More

Selected by the U.S. Department of Energy ("DOE") as an awardee for High Assay Low-Enriched Uranium ("HALEU") production and HALEU deconversion contracts Signed $1.1 billion in new contingent commitments to support deployment of Low-Enriched Uranium ("LEU") production, for a total of $2.0 billion year-to-date Net loss of $5.0 million on $57.7 million in revenue, compared to net income of $8.2 million on $51.3 million in... Read More

BETHESDA, Md. , Oct. 23, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, October 29, 2024 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2024, which ended September 30, 2024 , after the close of markets on Monday, October 28 . The conference call will be... Read More

BETHESDA, Md. , Oct. 17, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development. "This award could... Read More

American Centrifuge Operating, LLC is one of six awardees BETHESDA, Md. , Oct. 8, 2024 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy to support deployment of technology and equipment to deconvert High-Assay, Low-Enriched Uranium (HALEU) from uranium hexafluoride (UF6) to uranium oxide... Read More

BETHESDA, Md. , Sept. 30, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management are scheduled to participate in TD Cowen's 2024 Nuclear Fuel & Next Generation Virtual Roundtable on October 8 . The company will participate in a fireside chat at 1:05PM ET on Tuesday , October 8, and host one-on-one investor meetings that day. A webcast of the fireside chat will be available on Centrus'... Read More

WASHINGTON , Sept. 24, 2024 /PRNewswire/ -- At a special briefing for policymakers on Capitol Hill today, Centrus said that the $3.4 billion that Congress has made available for domestic nuclear fuel production should be focused on deploying American uranium enrichment technology that is manufactured in the United States , by American workers, as opposed to foreign-origin centrifuge technologies that are manufactured... Read More

WASHINGTON , Sept. 19, 2024 /PRNewswire/ -- On Tuesday, September 24 , Centrus Energy will host a special briefing on Capitol Hill to outline the path forward for restoring a large-scale, American-owned, American-technology uranium enrichment capability and the associated supply chain. The briefing will discuss how Russia , China and others have displaced the United States as the global leaders in uranium enrichment – and... Read More

Contingent Commitment from KHNP and Other Customers Now Total $1.8 Billion to Support New, American Uranium Enrichment BETHESDA, Md. , Sept. 11, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) and Korea Hydro & Nuclear Power (KHNP) announced today that they have entered into a contingent supply commitment to support construction of new uranium enrichment capacity at Centrus' American Centrifuge Plant in... Read More

BETHESDA, Md. , Aug. 19, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that management will participate in the following upcoming investor conferences. On Thursday, September 5 , Kevin Harrill, CFO, is scheduled to host one-on-one investor meetings at the Jefferies 2024 Industrials Conference in New York City , NY. On Wednesday, September 11, Amir Vexler, President and CEO, and Kevin Harrill... Read More

BETHESDA, Md. , Aug. 7, 2024 /PRNewswire/ -- Today Centrus Energy (NYSE American: LEU) announced that its Board of Directors has appointed Stephanie O'Sullivan to the Board. The Board also welcomed the election of Ray Rothrock at its June 20, 2024 annual meeting. "Having served at the highest levels of the U.S. Intelligence Community, Stephanie O'Sullivan has deep experience in national security and a unique understanding of... Read More

Net income of $30.6 million on $189.0 million in revenue, compared to net income of $12.7 million on $98.4 million in revenue in Q2 2023 Consolidated cash balance of $227.0 million as of June 30, 2024 Annuitized $234 million of pension plan obligations for more than 1,000 beneficiaries, resulting in a $16.6 million settlement gain Secured a U.S. Department of Energy ("DOE") waiver under the Prohibiting Russian Imports Act to... Read More

BETHESDA, Md. , July 29, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 7, 2024 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2024, which ended June 30, 2024 , after the close of markets on Tuesday, August 6 . The conference call will be open... Read More

BETHESDA, Md. , July 8, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler, President and Chief Executive Officer, and Kevin Harrill, Chief Financial Officer, are scheduled to participate in the Citi 2024 One-on-One Midstream & New Energy Infrastructure Conference on August 13 and 14 in Las Vegas, Nevada . The company will host one-on-one investor meetings on both days. To request... Read More

BETHESDA, Md. , June 11, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler, President and Chief Executive Officer, and Kevin Harrill, Chief Financial Officer, are scheduled to participate in the J.P. Morgan 2024 Energy, Power & Renewables Conference on June 18 in New York, New York . The company will participate in a fireside chat at 2:20PM ET on Tuesday , June 18, and host... Read More

Will Hold Fireside Chat at 2:30 PM PT on May 22, 2024 BETHESDA, Md. , May 13, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler, President and Chief Executive Officer, and Kevin Harrill, Chief Financial Officer, are scheduled to participate in the 24 th B.Riley Securities Institutional Investor Conference on May 22, 2024 in Beverly Hills, California . The company will participate... Read More

Net loss of $6.1 million on $43.7 million in revenue, compared to net income of $7.2 million on $66.9 million in revenue in Q1 2023 Consolidated cash balance of $209.3 million as of March 31, 2024 Continued enrichment operations in Piketon, Ohio , with total production of approximately 135 kilograms of High Assay Low-Enriched Uranium ("HALEU") Signed approximately $900 million in contingent sales commitments for Low-Enriched... Read More

BETHESDA, Md. , April 24, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 8, 2024 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2024, which ended March 31, 2024 , after the close of markets on Tuesday, May 7 . The conference call will be open to... Read More

BETHESDA, Md. , March 4, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that, in recognition of the launch of the first U.S.-owned and U.S. technology uranium enrichment plant to begin production in 70 years, President and CEO Amir Vexler will ring The Closing Bell® at the New York Stock Exchange at 4:00 p.m. ET tomorrow, Tuesday , March 5, 2024. "Centrus is proud to be leading the effort to... Read More

BETHESDA, Md. , Feb. 26, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Amir Vexler , President and Chief Executive Officer, and Kevin Harrill , Chief Financial Officer, are scheduled to participate in the 36th Annual Roth Capital Partners Conference on March 18 in Dana Point, California . The company will participate in a fireside chat at 10:30am PT on Monday , March 18, and host... Read More

Financial Highlights: 2023 full year net income of $84.4 million , compared to $52.2 million for 2022 Centrus revenue of $320.2 million and gross profit of $112.1 million for full year 2023 Unrestricted cash balance of $201.2 million as of December 31, 2023 Originated $189 million of new sales contracts, maintaining our $1 billion long-term order book as of December 31, 2023 BETHESDA, Md. , Feb. 8, 2024 /PRNewswire/ --... Read More

BETHESDA, Md. , Jan. 29, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, February 9, 2024 , at 8:30 a.m. ET . The Company will release its fourth quarter/year-end earnings report for 2023, which ended December 31, 2023 , after the close of markets on Thursday, February 8 . The conference call... Read More

Neil Subin stepping down effective December 31, 2023 BETHESDA, Md. , Dec. 21, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that Neil S. Subin has decided to leave the company's Board of Directors effective December 31 , 2023. Mr. Subin has served on the Board since 2017 and remains a major investor in the company. "On behalf of the entire Board, I want to express our deepest thanks to Neil... Read More

BETHESDA, Md. , Dec. 4, 2023 /PRNewswire/ -- Centrus Energy (NYSE American: LEU) President and CEO Dan Poneman will attend COP 28 in Dubai , United Arab Emirates on Wednesday, December 6 th and Thursday, December 7 th to discuss the importance of nuclear energy in meeting the growing global need for clean energy, as well as the need to restore American leadership in the global supply chain for enriched uranium. At COP, Mr.... Read More

Amir Vexler to Succeed Daniel Poneman as CEO in 2024 BETHESDA, Md. , Nov. 20, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that Amir Vexler will succeed Daniel B. Poneman as Chief Executive Officer on January 1 , 2024. Mr. Poneman joined Centrus on March 5, 2015 , and over the past eight years has overseen the rebuilding of the Company's order book, strengthening the balance sheet, and... Read More

Began production of High-Assay Low-Enriched Uranium (HALEU) in October 2023 and Completed Phase I of Department of Energy contract in November 2023 . Annuitized $186.5 million of pension plan obligations for 1,400 beneficiaries, de-risking balance sheet and improving the capital structure Net income of $8.2 million on $51.3 million in revenue, compared to net loss of $6.1 million on $33.2 million in revenue in Q3 2022... Read More

BETHESDA, Md. , Nov. 7, 2023 /PRNewswire/ -- Today, Centrus Energy Corp. announced that it has made its first delivery of High-Assay, Low-Enriched Uranium (HALEU) to the U.S. Department of Energy, completing Phase One of its contract with the Department by successfully demonstrating its HALEU production process . Centrus will now move on to Phase Two of the contract – requiring a full year of HALEU production at the rate of... Read More

BETHESDA, Md. , Oct. 30, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, November 8, 2023 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2023, which ended September 30, 2023 , after the close of markets on Tuesday, November 7 . The conference call will... Read More

First New U.S.-Owned Uranium Enrichment Plant to Begin Production Since 1954 PIKETON, Ohio , Oct. 11, 2023 /PRNewswire/ -- Today, Centrus Energy announced that it has begun enrichment operations at its High-Assay Low-Enriched Uranium (HALEU) facility in Piketon, Ohio , and expects to begin withdrawing HALEU product later this month. It is the only NRC-licensed HALEU facility in the United States and the first new U.S.-owned,... Read More

BETHESDA, Md. , Sept. 28, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, is scheduled to participate in TD Cowen's Nuclear Fuel Cycle Roundtable on Thursday, October 5, 2023 . The company will participate in a fireside chat at 12:50 p.m. Eastern Time . To request an invitation or to schedule a one-on-one meeting with management at the... Read More

BETHESDA, Md. , Sept. 8, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, is scheduled to participate at H.C. Wainwright's 25th Annual Global Investment Conference on September 11-12, 2023 , in New York, NY . The company will host a presentation on Tuesday, September 12, 2023 , at 8:30 a.m. Eastern Time . A live webcast and replay of the... Read More

BETHESDA, Md. , Sept. 6, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that it expects to begin first-of-a-kind production of High-Assay Low-Enriched Uranium (HALEU) in October 2023 , approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon , Ohio. "This will be the first new U.S.-owned uranium enrichment plant to begin production since 1954," said Centrus... Read More

PIKETON, Ohio , Aug. 28, 2023 /PRNewswire/ -- Oklo Inc. ("Oklo") and Centrus Energy Corp. ("Centrus") (NYSE American: LEU) today announced a new Memorandum of Understanding ("MOU") between the two companies to support the deployment of Oklo's advanced fission powerhouses and advanced nuclear fuel production in Southern Ohio , making the region a critical hub for the future of the U.S. nuclear industry. Oklo and Centrus have... Read More

Received Nuclear Regulatory Commission (NRC) authorization to produce High-Assay Low-Enriched Uranium (HALEU) Expect to complete Phase I HALEU production by the end of 2023 Signed Memorandum of Understanding with TerraPower to accelerate HALEU production Net income of $12.7 million on $98.4 million in revenue, compared to net income of $37.4 million on $99.1 million in revenue in Q2 2022 Consolidated cash balance of $212.5... Read More

BETHESDA, Md. , July 25, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, August 4, 2023 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2023, which ended June 30, 2023 , after the close of markets on Thursday, August 3 . The conference call will be open to... Read More

TerraPower and Centrus Energy execute MOU to accelerate joint efforts to create domestic, commercial-scale HALEU production BELLEVUE, Wash. , and BETHESDA, Md. , July 17, 2023 /PRNewswire/ -- TerraPower and Centrus Energy Corp. (NYSE American: LEU) announced today a new memorandum of understanding (MOU) to significantly expand their collaboration aimed at establishing commercial-scale, domestic production capabilities for... Read More

BETHESDA, Md. , June 20, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) (the "Company") announced the results of its 2023 annual meeting of stockholders held on June 20, 2023 . As of April 24, 2023 , the meeting's record date, there were 14,761,818 shares of the Company's Class A common stock outstanding, each entitled to one vote, and approximately 76 percent of those shares were represented at the annual... Read More

BETHESDA, Md. , June 15, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE American: LEU) announced today that it has successfully completed its operational readiness reviews with the U.S. Nuclear Regulatory Commission (NRC) and received NRC approval to possess uranium at the Piketon, Ohio site and introduce uranium into the cascade of centrifuges Centrus has constructed. This is a critical milestone in advancing toward... Read More

Net income of $7.2 million on $66.9 million in revenue, compared to net loss of $0.4 million on $35.3 million in revenue in Q1 2022 Gross profit of $23.0 million , compared to $6.3 million in Q1 2022 Consolidated cash balance of $188.8 million as of March 31, 2023 Completed construction and initial testing of centrifuge cascade under contract with the U.S. Department of Energy (DOE) to demonstrate production of High-Assay,... Read More

BETHESDA, Md. , May 3, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, and Kevin Harrill , Chief Accounting Officer, are scheduled to participate in a fireside chat at B. Riley Securities' 23 rd Annual Institutional Investor Conference on Wednesday, May 24 th , in Beverly Hills, California , at 9:45am PT . To request an invitation or to schedule... Read More

BETHESDA, Md. , April 26, 2023 /PRNewswire/ -- Centrus Energy Corp . (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, May 9, 2023 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2023, which ended March 31, 2023 , after the close of markets on Monday, May 8 . The conference call will be open to... Read More

BETHESDA, Md. , March 22, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , Chief Executive Officer, is scheduled to participate in a panel titled "Building out the Advanced Nuclear Energy Supply Chain" at Guggenheim Securities' Second Annual Investing in Advanced Nuclear Energy: Meeting Clean Energy Needs Across the Economy Conference in New York City , New York , on... Read More

BETHESDA, Md. , Feb. 27, 2023 /PRNewswire/ -- Centrus Energy Corp . (NYSE American: LEU) today announced that Philip Strawbridge , Chief Financial Officer, is scheduled to participate in Roth Capital Partners' 35 th Annual Conference on March 12 th through 14 th in Dana Point, California . For more information, visit https://www.meetmax.com/sched/event_89809/conference_home.html . To request an invitation or to schedule a... Read More

Financial Highlights: LEU segment revenue of $112.2 million and segment gross profit of $67.0 million in the fourth quarter of 2022. 2022 full year net income of $52.2 million , which reflects a one-time loss accrual of $21.3 million for the cost share associated with the U.S. Department of Energy HALEU Operation Contract Award. Commercial Highlights: Secured a $150 million , competitively-awarded contract to complete... Read More

BETHESDA, Md. , Feb. 13, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, February 22, 2023 , at 8:30 a.m. ET . The Company will release its fourth quarter and year-end earnings report for 2022, which ended December 31, 2022 , after the close of markets on Tuesday, February 21 . The... Read More

Company releases photos of the first U.S.-owned, U.S.-technology enrichment plant to begin production in 70 years BETHESDA, Md. , Feb. 9, 2023 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) announced today that it has completed construction of a cascade of advanced uranium enrichment centrifuges as well as most of the associated support systems. This milestone puts Centrus on track to begin demonstrating... Read More

BETHESDA, Md. , Dec. 1, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) announced that its wholly-owned subsidiary, American Centrifuge Operating LLC (ACO), has signed a definitized contract with the U.S. Department of Energy (DOE) to pioneer production of High-Assay, Low-Enriched Uranium (HALEU) at its facility leased from DOE in Piketon, Ohio. ACO was selected for the competitively-awarded contract by the... Read More

Secured more than $270 million in new sales contracts and commitments year-to-date Continued to meet all milestones under the contract with the U.S. Department of Energy (DOE) to deploy a cascade of centrifuges to demonstrate production of High-Assay, Low-Enriched Uranium (HALEU) Net loss of $6.1 million on revenue of $33.2 million in Q3 2022, compared to net income of $42.1 million on $91.3 million in revenue in Q3 2021... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, November 9, 2022 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2022, which ended September 30, 2022 , after the close of markets on Tuesday, November 8 . The conference call will be open to listeners who log in through the... Read More

Centrus Energy Corp. (NYSE American: LEU) announced today that it has secured new nuclear fuel sales contracts and commitments with an estimated value of approximately $320 million in the last 12 months -- including approximately $270 million year-to-date. "With global demand for clean nuclear energy growing in response to accelerating efforts to combat climate change, and increased focus on energy security provided by a... Read More

The Government of Japan held a presentation ceremony on Thursday, September 8, 2022 , at the Residence of the Ambassador of Japan to formally confer the Order of the Rising Sun , Gold and Silver Star, from the Emperor of Japan to Centrus Energy Corp. (NYSE American: LEU) President and CEO Daniel B. Poneman . Poneman was among the Spring 2020 award recipients, but the ceremony was delayed because of the pandemic. "I am... Read More

Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman , President and Chief Executive Officer, and Philip Strawbridge , Chief Financial Officer, are scheduled to participate in Lake Street Capital Markets' 6th Annual Best Ideas Growth (BIG6) Conference on September 14, 2022 , in New York, NY . For more information, visit https://www.lakestreetcapitalmarkets.com/big6conference . To request an... Read More

Centrus Energy Corp. (NYSE American: LEU) President and Chief Executive Officer Daniel Poneman made the following statement about the nuclear energy related investments in the Inflation Reduction Act signed into law earlier this week: "The Inflation Reduction Act makes a historic commitment to combating climate change while restoring America's nuclear leadership on the world stage. In addition to providing critical support... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported second quarter 2022 results. Highlights Net income of $37.4 million on revenue of $99.1 million in Q2 2022, compared to net income of $11.6 million on $62.4 million in revenue in Q2 2021 Long-term order book valued at approximately $1.0 billion as of June 30, 2022 , and December 31, 2021 Secured more than $135 million in new sales contracts... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, August 5, 2022 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2022, which ended June 30, 2022 , after the close of markets on Thursday, August 4 . The conference call will be open to listeners who log in through the Company's... Read More

Centrus Energy Corp. (NYSE American: LEU) (the "Company") announced the results of its 2022 annual meeting of stockholders held on June 23, 2022 . As of April 25, 2022 , the record date for the Annual Meeting, there were 13,781,467 shares of Centrus Class A common stock outstanding, each entitled to one vote, and the number of shares present at the annual meeting was 11,277,895. The Company's stockholders passed all three... Read More

Centrus Energy Corp. (NYSE American: LEU) intends to hold the Annual Meeting of Stockholders (the "2022 Annual Meeting") on Thursday, June 23, 2022 , at 10:00 a.m., Eastern Daylight Time . The 2022 Annual Meeting will be completely virtually and will be conducted via live webcast. More information can be found in the company's proxy statement for the 2022 Annual Meeting. About Centrus Energy Corp. Centrus Energy is a trusted... Read More

Financial Highlights Gross profit of $6.3 million Net loss of $0.4 million on $35.3 million in revenue Consolidated cash balance of $168.5 million as of March 31, 2022 Long-term order book valued at $1 billion as of March 31, 2022 Business Highlights Continued to meet all milestones under the DOE HALEU contract Completed... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, May 6, 2022 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2021, which ended March 31, 2021 , after the close of markets on Thursday, May 5 . The conference call will be open to listeners who log in through the Company's website,... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today reported fourth quarter and full year 2021 results. 2021 Summary: Financial Highlights Net income of $175.0 million in 2021 or $9.75 per diluted share Adjusted net income per diluted share of $12.46 , which excludes deemed dividends allocable to... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, March 11, 2022 , at 8:30 a.m. ET . The Company will release its fourth quarter and full year earnings report for 2021, which ended December 31, 2021 , after the close... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today announced that it has completed the previously announced redemption of all of the Company's outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares") as of December 15, 2021 . The redemption of the Series... Read More

Centrus Energy Corp (NYSE-American: LEU) President and CEO Daniel B. Poneman today congratulated Clean Core Thorium Energy and Texas A&M on successfully fabricating the first sample pellets of a next-generation nuclear fuel called ANEEL (Advanced Nuclear Energy for Enriched Life). Centrus and Clean Core have been working... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today announced the final results of its tender offer (the "Offer") to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares") at a purchase price per share (inclusive of any rights to... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") today announced the preliminary results of its tender offer (the "Offer") to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares") at a purchase price per share (inclusive of any rights... Read More

Oklo Inc. (Oklo) and Centrus Energy Corp. (NYSE American: LEU) have signed a non-binding Letter of Intent (LOI) to cooperate in the deployment of a High-Assay, Low-Enriched Uranium (HALEU) production facility. HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants. Both... Read More

Centrus Energy Corp. (NYSE American: LEU) today reported net income of $42.1 million for the quarter ended September 30, 2021 , compared to net loss of $7.0 million for the third quarter of 2020. The net income allocable to common stockholders in the third quarter of 2021 was $41.4 million , or $3.01 (basic) and $2.95... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, November 11, 2021 , at 8:30 a.m. ET . The Company will release its third quarter earnings report for 2021, which ended September 30, 2021 , after the close of... Read More

X-energy and Centrus Energy Corp. (NYSE American: LEU) today announced that preliminary design of X-energy's TRISO-X Fuel Fabrication Facility has been completed and that the companies have signed a contract for Centrus to continue its work as the project enters its next phase. "Completion of Preliminary Design is a key step... Read More

Centrus Energy Corp. (NYSE American: LEU) ("Centrus" or the "Company") announced that the Company is commencing today a tender offer to purchase all of its outstanding Series B Senior Preferred Stock, par value $1.00 per share (the "Series B Preferred Shares"), at a price per Series B Preferred Share (inclusive of any rights... Read More

Centrus Energy Corp. (NYSE American: LEU), supplier of nuclear fuel components and services for the nuclear power industry that is also conducting a High-Assay, Low-Enriched Uranium (HALEU) enrichment demonstration program for the U.S. Department of Energy, today announced that Daniel B. Poneman , President and Chief Executive... Read More

Centrus Energy Corp. (NYSE American: LEU) today reported net income of $11.6 million for the quarter ended June 30, 2021 , compared to net income of $33.7 million for the second quarter of 2020. The prior period included a one-time payment of $32.4 million collected from a customer as part of the customer's bankruptcy proceeding. The net income allocable to common stockholders in the second quarter of 2021 was $10.9 million... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Thursday, August 12, 2021 , at 8:30 a.m. ET . The Company will release its second quarter earnings report for 2021, which ended June 30, 2021 , after the close of markets on... Read More

Centrus Energy Corp. (NYSE American: LEU) (the "Company") announced the results of its 2021 annual meeting of stockholders held on June 16, 2021 . As of April 19, 2021 , the meeting's record date, there were 12,918,602 shares of the Company's Class A common stock outstanding, each entitled to one vote, and approximately 79.8... Read More

Centrus Energy Corp. (NYSE American: LEU) today announced that the U.S. Nuclear Regulatory Commission (NRC) approved the Company's license amendment request to produce High-Assay, Low-Enriched Uranium (HALEU) at the Piketon, Ohio , enrichment facility. The Piketon plant is now the only U.S. facility licensed to enrich uranium... Read More

Centrus Energy Corp. (NYSE American: LEU) announced today that it has secured new nuclear fuel sales contracts and commitments valued at approximately $225 million over the past 12 months. "The last 12 months has been the strongest period for new sales since 2015, with prices rising again and utilities coming back into the... Read More

Centrus Energy Corp. (NYSE American: LEU) today reported net income of $5.1 million for the quarter ended March 31, 2021 , compared to a net income of $11.3 million for the first quarter of 2020. The net loss allocable to common stockholders of $2.2 million , or $0.17 (basic and diluted) per common share under GAAP was the... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 12, 2021 , at 8:30 a.m. ET . The Company will release its first quarter earnings report for 2021, which ended March 31, 2021 , after the close of markets on Tuesday, May 11 . The conference call will be open to listeners who log in through the Company's... Read More

Centrus Energy Corp. (NYSE American: LEU) is providing an update on construction of the nation's first production facility for High-Assay, Low-Enriched Uranium (HALEU) in Piketon, Ohio. "Despite the impact of the pandemic and the extraordinary steps we have taken to protect our workforce – including limiting the number of... Read More

Centrus Energy Corp. (NYSE American: LEU) today reported results for the fourth quarter 2020 and full year ended December 31, 2020 . 2020 Summary: Financial Highlights Net income of $54.4 million in 2020 or $0.57 per share (diluted) Adjusted net income per share of $4.71 (diluted) (see non-GAAP reconciliation table below)... Read More

Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Friday, March 19, 2021 , at 8:30 a.m. ET . The Company will release its fourth quarter earnings report for 2020, which ended December 31, 2020 , after the close of markets on... Read More